1) The obligation owed by individuals to one another not to cause any unreasonable harm or any risk of harm is called: ?duty of care ?duty of restoration

1) The obligation owed by individuals to one another not to cause any unreasonable harm or any risk of harm is called:

?duty of care

?duty of restoration.

?duty of loyalty.

?duty of restitution.

2. Which of the following best describes the term warranty?

?It refers to the terms in a sales contract stipulating the party that will bear the risk of loss of goods during shipment.

?It is a purchaser’s title to goods obtained by the impersonation of another person.

?It is the seller’s assurance to a buyer that the goods sold meet certain standards of quality.

?It refers to the transfer of possession of stolen property to a person who had bought the property without the knowledge that it has been stolen.

?3. The manifestation of the substance of a contract by two or more individuals is called ____.

?acceptance

?an agreement

?an offer

?consideration

4. Workers’compensation is defined as the:?

?set of programs mandated by the government to ensure safety in places of work.

?remuneration awarded to employees and their families when the employees are injured on the job.