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CIMA Exam CIMAPRA17-BA4-1 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.

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Suggested Answer: C

by Sarah at Nov 20, 2022, 07:45 AM

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Margart
4 days ago
But damages are available for breach of contract and tort of negligence if damage has been suffered.
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Wilda
4 days 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.
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Chaya
10 days ago
I disagree, I believe it's (ii) only.
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Buck
10 days ago
Hmm, this question seems straightforward. I'll go with option C, statement (iii) is incorrect.
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Margart
15 days ago
I think the incorrect statement is (i) only.
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