Match the Most Appropriate Term to the Definition

question 24

Multiple Choice

Match the most appropriate term to the definition.
-A person goes swimming in a lake where there are also boats operating.The swimmer tries to avoid a boat but is struck when the boat doesn't change its course

• 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:

Depreciation

The process of allocating the cost of a tangible asset over its useful life, representing its decrease in value over time.

Shipping Costs

Expenses associated with transporting goods from one location to another, often considered part of the cost of sales or inventory.

Sales Tax

A mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. In this context, it specifically refers to a tax on sales of goods and services.

Ordinary Repairs

Expenditures to maintain an asset in its normal operating condition without significantly extending its useful life or altering its capacity.