The Guest Laws Relieve a Driver of All Liability for Injuries

question 17

Multiple Choice

The guest laws relieve a driver of all liability for injuries to

• A) all passengers
• B) guests unless there is negligence.
• C) passengers unless there is any negligence by the driver.
• D) none of these.

---

Definitions:

Specific Asset

A distinct item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.

Specific Price

This term refers to the exact price of a particular item or security at a specified time.

Put Option

A put option is a financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Call Option

An agreement in finance which allows the purchaser to have the option, but not the commitment, to purchase a certain amount of a specific asset at a pre-agreed price during a fixed period.