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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:

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Rocco
4 months ago
I think (i) is misleading, obligations can also be voluntary!
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Latosha
4 months ago
(iii) is the one that’s incorrect, right?
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Georgiann
4 months ago
Wait, are you sure about that? Sounds off.
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Bulah
4 months ago
I totally agree with that!
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Reynalda
4 months ago
Statement ii is correct, damages are only for actual loss.
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Nu
5 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.
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Haydee
5 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.
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Brent
5 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.
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Dorothea
5 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.
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Bettina
5 months ago
I feel like "Performance" and "Planning" were mentioned in some practice cases, but that might be a different model.
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Carman
5 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.
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Janessa
5 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.
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Micaela
5 months ago
I'm leaning towards assessing the impact on the business operations first. That seems like the most logical starting point to me.
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Carin
10 months 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.
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Valentine
9 months ago
User3: Yeah, option C is the one that doesn't quite fit.
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Louann
9 months ago
User2: I agree, option C seems to be the incorrect statement.
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Shalon
9 months ago
User1: I think the correct answer is option C.
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Nida
10 months ago
This question is giving me flashbacks to my law school days. Time to put on my thinking cap and really analyze these statements.
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Kasandra
8 months ago
D) (ii) and (iii) only
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Vallie
8 months ago
C) (iii) only
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Kelvin
8 months ago
B) (ii) only
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Rasheeda
9 months ago
A) (i) only
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Selene
9 months ago
D) (ii) and (iii) only
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Gracia
9 months ago
C) (iii) only
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Pansy
10 months ago
B) (ii) only
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Milly
10 months ago
A) (i) only
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Celestina
10 months 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!
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Margart
10 months ago
But damages are available for breach of contract and tort of negligence if damage has been suffered.
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Wilda
10 months 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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Tarra
9 months ago
User 2: Yeah, I agree. It's important to understand the differences between contract and tort law.
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Eleni
10 months ago
User 1: I think (ii) and (iii) are correct.
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Chaya
11 months ago
I disagree, I believe it's (ii) only.
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Buck
11 months ago
Hmm, this question seems straightforward. I'll go with option C, statement (iii) is incorrect.
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Paris
9 months ago
User 4: So, option C is the correct answer.
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Avery
9 months ago
User 3: Yeah, in negligence, fault is required for liability.
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Janessa
9 months ago
User 2: I agree, the contract breaker is not always liable.
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Cecil
10 months ago
User 1: I think statement (iii) is incorrect.
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Margart
11 months ago
I think the incorrect statement is (i) only.
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