Innkeepers May Not Limit Their Liability Regardless of Notification to Their

question 12

True/False

Innkeepers may not limit their liability regardless of notification to their guests of the dollar limit placed on liability for a guest's property.

---

Definitions:

APS

An acronym for Average Propensity to Save, which is the ratio of savings to the total net disposable income.

Total Saving

The sum of personal, business, and government savings within an economy.

APS

Average Propensity to Save (APS) is the ratio of total savings to total disposable income, indicating the portion of income that households save rather than spend.

Total Saving

The total amount of income saved by individuals, businesses, and the government, not spent on current consumption.