Rita and Ron Are About to Exit a Store in a Mall

question 71

Multiple Choice

Rita and Ron are about to exit a store in a mall when the store manager approaches them and accuses them of having stolen something. Rita tells the manager that she is mistaken and beckons to Ron for them to leave. In a loud voice the Manager yells: "If you dare leave this store before the police get here, I'll make sure everyone in this mall knows you are thieves." Rita and Ron decide to wait until the police get there, at which time the police searched their bags and discover they had stolen goods from the store. Which of the following statements is correct?

• A)Rita and Ron were not falsely imprisoned as they were never physically restrained
• B)Rita but not Ron can sue for false imprisonment as only she had expressed a desire to leave the store
• C)No tort has been committed by the store owner because the two had stolen goods
• D)Rita and Ron can successfully sue the store owners for false imprisonment
• E)The tort of false imprisonment does not arise on the facts as police personnel were involved

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Definitions:

Operating Assets

Assets used by a business in its daily operations to generate revenue, such as cash, inventory, equipment, and real estate, excluding investments and non-operational assets.

Return On Investment

A financial metric used to evaluate the efficiency or profitability of an investment, calculated by dividing net profit by the cost of the investment.

Investment Opportunity

An investment avenue that has the potential to yield returns, involving the allocation of resources in expectation of future gains.

Minimum Required Rate

This is the lowest return that investors are willing to accept for investing in a project or security, often used in capital budgeting to assess potential investments.