Match the Most Appropriate Term to the Definition

question 18

Multiple Choice

Match the most appropriate term to the definition.
-A person with his back to the window is injured when he is struck by a baseball thrown by a nearby practicing team.He wants to sue for his injuries but can't prove how the accident happened because he didn't see it happen

• A)respondeat superior
• B)comparative negligence
• C)strict liability
• D)workers' compensation
• E)res ipsa loquitur
• F)libel
• G)negligence
• H)slander
• I)last clear chance
• J)defamation
• K)assumption of risk
• L)assault
• M)contributory negligence
• N)battery
• O)gross negligence
• P)intentional tort
• Q)standard of care
• R)zone of danger
• S)ultrahazardous activity
• T)transferred intent

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Definitions:

Cash

Money in the form of coins and banknotes; the most liquid form of assets a company has.

Journalizing

The process of recording transactions in a company's journal before they are posted to the general ledger.

Posting Process

The act of transferring entries from the journal to the respective ledger accounts to keep financial records accurate and up-to-date.

Wrong Amount

Errors in financial transactions that result in the recording of inaccurate figures in accounting systems.