With Respect to Unusual Dangers,which of the Following Is a Recent

question 2

Multiple Choice

With respect to unusual dangers,which of the following is a recent modification to the general rule with respect to occupiers' responsibilities to licensees?

• A) Liability arises from having actual awareness of them.
• B) Liability for known hazards is highest when the visitor is a licensee.
• C) Liability for known hazards is highest when the visitor is an invitee.
• D) Liability arises from having reason to know about them.

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Definitions:

Journalize

The act of recording business transactions in the journal of an accounting system, marking the first step in the accounting cycle.

Normal Balance

The side (debit or credit) of an account that is typically increased; varies depending on the account type.

Debit

An accounting entry that increases an asset or expense account or decreases a liability or equity account.

Credit

In finance, it refers to the borrowing capacity of an individual or company, or the entry on the right side of a financial account, indicating an increase in liability or decrease in asset.