Introductory Business Law CLEP Prep Practice Exam

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Prepare for the CLEP Business Law Exam with flashcards and multiple-choice questions. Each question comes with hints and explanations to help you succeed. Master the content and pass your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What is the legal concept of "duty" as defined in tort law?

A moral obligation
The payment of a financial penalty
An obligation owed to the public
An obligation owed to a specific party

The correct answer is: An obligation owed to a specific party

In tort law, "duty" refers to the legal obligation of a party to exercise reasonable care to prevent harm or injury to another party. This duty is owed to a specific person or group and is not just a moral obligation. Options A and C may seem similar, but they are incorrect because they refer to a moral or general obligation, rather than a legal obligation. Option B is incorrect because it refers to a penalty or consequence, rather than an obligation. Therefore, D is the correct answer.