Pete and John Had Been Hired by the Same Computer

question 28

Multiple Choice

Pete and John had been hired by the same computer consulting company. They worked a 3-hour shift and walked to a pub, where they had several beers. John said he'd drive Pete home. Pete knew John had been drinking but agreed to go with him anyway. The alcohol affected John's driving. He lost control of the car, which crashed through Mr. Britt's fence and Britt's garage. Pete was injured. John was not injured. Britt's neighbour, Mr. Watson, called the police. John was charged with the offence of driving while impaired and was found guilty in the criminal proceedings. Given these facts, which of the following is true?

• A) Since Mr. Britt was not physically injured, he could not sue.
• B) Mr. Watson, the neighbour, could successfully sue John for negligence.
• C) Pete could sue John for negligence, but if the court held that Pete volunteered to take the physical and legal risk (volenti non fit injuria), Pete would get no award of damages.
• D) The principle of vicarious liability is relevant here because John was an employee at the time of the accident. John was charged with an offence; no one could sue him in a civil action for compensation.
• E) One court action is all that is allowed.

Recognize the significance of liquidity ratios in assessing short term financial health.

Understand the impact of financing decisions on financial leverage and solvency.

Comprehend the concept and calculation of turnover ratios and their impact on business efficiency.

Understand the role of financial management in optimizing business operations.

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Definitions:

Lifestyle

The way in which a person or group lives, including patterns of social relations, consumption, entertainment, and dress.

Environment

The natural surroundings and conditions in which people, animals, and plants live and operate, or the sum of social and cultural factors influencing an organization.

Self-expression

The act of conveying one's thoughts, feelings, or ideas through verbal or non-verbal means to showcase individuality.

Impact

The strong effect or influence that an event, action, or decision has on something or someone.