Duty of care can be established by which of the following?

Prepare for the Texas General Lines Property and Casualty Agent Exam with our comprehensive resources. Study using flashcards and multiple-choice questions equipped with hints and explanations. Ace your exam with confidence!

Multiple Choice

Duty of care can be established by which of the following?

Explanation:
Duty of care is a legally enforceable obligation that can arise from sources like statute and regulation, or from court decisions that define what constitutes reasonable care in specific situations. When a law imposes a standard, that creates a duty by law. When a court interprets a case and sets precedent, it creates or clarifies a duty through common-law reasoning. Contracts can also create a duty to act with care as part of the agreement, but the existence and scope of a duty can come from either legal statutes or judicial decisions, which is why the answer that combines both sources is the best choice.

Duty of care is a legally enforceable obligation that can arise from sources like statute and regulation, or from court decisions that define what constitutes reasonable care in specific situations. When a law imposes a standard, that creates a duty by law. When a court interprets a case and sets precedent, it creates or clarifies a duty through common-law reasoning. Contracts can also create a duty to act with care as part of the agreement, but the existence and scope of a duty can come from either legal statutes or judicial decisions, which is why the answer that combines both sources is the best choice.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy