Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

CIMAPRA17-BA4-1 Exam - Topic 6 Question 61 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam
Question #: 61
Topic #: 6
[All CIMAPRA17-BA4-1 Questions]

Which of the following statements is INCORRECT?

i. A contract is a voluntary agreement whereas obligations in the tort of negligence are imposed by the state.

ii. Damages are only available for breach of contract and breach of the tort of negligence if damage, injury or loss has been suffered by the claimant.

iii. A contract breaker is liable whether or not he is at fault whereas to be liable in the tort of negligence the defendant must have been at fault.

Show Suggested Answer Hide Answer
Suggested Answer: C

Contribute your Thoughts:

0/2000 characters
Rocco
7 months ago
I think (i) is misleading, obligations can also be voluntary!
upvoted 0 times
...
Latosha
7 months ago
(iii) is the one that’s incorrect, right?
upvoted 0 times
...
Georgiann
7 months ago
Wait, are you sure about that? Sounds off.
upvoted 0 times
...
Bulah
7 months ago
I totally agree with that!
upvoted 0 times
...
Reynalda
8 months ago
Statement ii is correct, damages are only for actual loss.
upvoted 0 times
...
Nu
8 months ago
I remember that in tort law, liability often hinges on fault, so (iii) seems right. But I’m not confident about (ii) either; it feels like there might be exceptions.
upvoted 0 times
...
Haydee
8 months ago
I’m leaning towards (i) being incorrect because it seems like a contract can also have obligations imposed by law, right? But I could be mixing things up.
upvoted 0 times
...
Brent
8 months ago
I feel like I’ve seen a question similar to this before. I think (iii) is definitely correct since negligence requires fault, but I’m not sure about the others.
upvoted 0 times
...
Dorothea
8 months ago
I think statement (ii) might be tricky. I remember something about damages being tied to actual loss, but I'm not completely sure if that's always the case.
upvoted 0 times
...
Bettina
8 months ago
I feel like "Performance" and "Planning" were mentioned in some practice cases, but that might be a different model.
upvoted 0 times
...
Carman
8 months ago
Writing scripts and code for tax updates seems like the most complex and time-consuming approach. I'd try to find a more out-of-the-box solution if possible.
upvoted 0 times
...
Janessa
8 months ago
Hmm, I'm a bit unsure about this one. I know the SDA is involved in the Incident Management process, but I can't quite remember all their specific responsibilities. I'll have to think this through carefully.
upvoted 0 times
...
Micaela
8 months ago
I'm leaning towards assessing the impact on the business operations first. That seems like the most logical starting point to me.
upvoted 0 times
...
Carin
1 year ago
I'm going to go with option C and hope the judge doesn't hold it against me for being a little too 'negligent' in my answer choice.
upvoted 0 times
Valentine
12 months ago
User3: Yeah, option C is the one that doesn't quite fit.
upvoted 0 times
...
Louann
12 months ago
User2: I agree, option C seems to be the incorrect statement.
upvoted 0 times
...
Shalon
1 year ago
User1: I think the correct answer is option C.
upvoted 0 times
...
...
Nida
1 year ago
This question is giving me flashbacks to my law school days. Time to put on my thinking cap and really analyze these statements.
upvoted 0 times
Kasandra
11 months ago
D) (ii) and (iii) only
upvoted 0 times
...
Vallie
11 months ago
C) (iii) only
upvoted 0 times
...
Kelvin
11 months ago
B) (ii) only
upvoted 0 times
...
Rasheeda
12 months ago
A) (i) only
upvoted 0 times
...
Selene
12 months ago
D) (ii) and (iii) only
upvoted 0 times
...
Gracia
1 year ago
C) (iii) only
upvoted 0 times
...
Pansy
1 year ago
B) (ii) only
upvoted 0 times
...
Milly
1 year ago
A) (i) only
upvoted 0 times
...
...
Celestina
1 year ago
Ah, I see what they're getting at. A contract is a voluntary agreement, while tort obligations are imposed by the state. Gotta love those legal distinctions!
upvoted 0 times
...
Margart
1 year ago
But damages are available for breach of contract and tort of negligence if damage has been suffered.
upvoted 0 times
...
Wilda
1 year ago
Wait, are we sure about that? I think the differences between contract and tort law can be tricky. Maybe I'll go with (ii) and (iii) just to be safe.
upvoted 0 times
Tarra
1 year ago
User 2: Yeah, I agree. It's important to understand the differences between contract and tort law.
upvoted 0 times
...
Eleni
1 year ago
User 1: I think (ii) and (iii) are correct.
upvoted 0 times
...
...
Chaya
1 year ago
I disagree, I believe it's (ii) only.
upvoted 0 times
...
Buck
1 year ago
Hmm, this question seems straightforward. I'll go with option C, statement (iii) is incorrect.
upvoted 0 times
Paris
1 year ago
User 4: So, option C is the correct answer.
upvoted 0 times
...
Avery
1 year ago
User 3: Yeah, in negligence, fault is required for liability.
upvoted 0 times
...
Janessa
1 year ago
User 2: I agree, the contract breaker is not always liable.
upvoted 0 times
...
Cecil
1 year ago
User 1: I think statement (iii) is incorrect.
upvoted 0 times
...
...
Margart
1 year ago
I think the incorrect statement is (i) only.
upvoted 0 times
...

Save Cancel