Law 531

Page 13

Professional malpractice

Strict liability 10. Corporate officers are best described as:

owners of a corporation with limited liability for its debts and obligations.

directors elected by a corporation’s shareholders.

employees appointed to manage the daily operations of a corporation.

partners pursuing a joint venture transaction 11. 11 Which of the following is a remedy that requires the breaching party to perform the acts promised in a contract?

Binding arbitration

Special damages

Specific performance

Punitive damages 12. Helen buys a toy railway set for her 3-year-old son, Ben. The product’s cover mentions that the toy is suitable for children only aged between 3 and 12. While playing


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