The Table Below Shows Hypothetical Tuition Costs at a Canadian

question 46

Multiple Choice

The table below shows hypothetical tuition costs at a Canadian university. $$\begin{array} { | l | l | } \hline \text { Year } & \text { Tuition } \\\hline 2008 & \$ 5000 \\\hline 2009 & \$ 5050 \\\hline 2010 & \$ 5100 \\\hline 2011 & \$ 5150 \\\hline 2012 & \$ 5200 \\\hline\end{array}$$ TABLE 2- 1
-Refer to Table 2- 1.Assume that 2008 is used as the base year,with the index number = 100.The value of the index number in 2012 is

• A)0.96
• B)100
• C)96
• D)1.04
• E)104

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Definitions:

Comparative Negligence

A principle of tort law that reduces the amount of damages a plaintiff can recover in a negligence-based lawsuit, proportionate to the plaintiff's degree of fault.

Res Ipsa Loquitur

A legal principle that allows for the presumption of negligence in a lawsuit based on the nature of the accident, even without direct evidence of the defendant's fault.

Lack of Due Care

The failure to act with the level of care that someone of ordinary prudence would have exercised under the same circumstances, leading to negligence.

Judge and Jury

Refers to the two distinct roles in a trial, where the judge oversees legal procedures, and the jury determines facts and delivers a verdict based on evidence.