Brian Is the Sole Proprietor Owner of Long Voyage Software

question 200

Multiple Choice

Brian is the sole proprietor owner of Long Voyage Software, which generates maps for wilderness trips.He started the business with an initial investment of $80, 000.A faulty map caused one customer to get hopelessly lost.After her rescue and recuperation, she sued Long Voyage for $5, 000, 000.Which of the following is true?

• A)The customer can be awarded only $80, 000--what the firm has available to pay.
• B)The customer can be awarded $5, 000, 000, but can get only $80, 000.
• C)The customer can be awarded $5, 000, 000, but Brian personally won't have to pay more than $80, 000.
• D)If $5, 000, 000 is awarded, Brian will have to pay none of it.
• E)If $5, 000, 000 is awarded, Brian is personally responsible for paying all of it.

---

Definitions:

Taxonomy

A system of classification that organizes concepts, objects, or information into categories based on shared characteristics or attributes.

Mental Processes

The internal, covert activities of our minds, such as thinking, feeling, and remembering.

Position Analysis

The process of examining the duties, tasks, and responsibilities of a job to define its specifics.

Information Inputs

Data or information that is entered into a system for processing or analysis.