Use the Fact Situation in Q8 to Answer the Related

question 92

Multiple Choice

Use the fact situation in Q8 to answer the related question that follows. If the sign had been facing you as you drove into the parking lot but had read "The owners of this parking lot will not be responsible for any damage to your car," in a lawsuit by you for damage to the car and for the stolen contents,

• A)the parking lot owners will be liable for both the damage to your car and the lost contents.
• B)the parking lot owners will not be liable because the damage and loss was beyond their control.
• C)the parking lot owners will be liable for the damage to your car,but not the lost contents.
• D)the words of the sign will be a good defence to your action because you saw it as you drove into the lot.
• E)the parking lot owners will be liable for the lost contents,but not the damage to your car.

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Definitions:

¥1.00

The Japanese Yen currency, represented by the symbol ¥, with 1.00 indicating the unit amount.

Appreciated

Refers to an increase in value of an asset over time.

Currency R Strengthens

The condition where Currency R increases in value relative to other currencies, leading to increased purchasing power internationally.

Exchange Rate

The value assigned to one currency when trading for another.