There Has Been an Accident in Bambi's Hair,a Hairdressing Salon

question 15

Multiple Choice

There has been an accident in Bambi's Hair,a hairdressing salon.A heavy air conditioning unit in the staff tea room fell from the ceiling and missed two hairdressers by a few centimetres.No one was hurt.The owner is on holidays.Jenny,the salon manager does not know whether she has a legal obligation to notify a Workplace health and Safety (WHS) regulator.Which of the following statements provides the most accurate advice?

• A)You are not required to notify the regulator.This obligation only applies if there is a death,serious illness or injury in the workplace.
• B)You should notify the regulator.The obligation includes situations where a person has been exposed to a serious risk.
• C)You should notify the regulator.The obligation includes situations where a person has been exposed to a serious risk.The work site must not be disturbed as far as reasonably practicable.
• D)You should notify the regulator.The obligation includes situations where a person has been exposed to a serious risk.You must not move the air conditioner or clean up until after there has been a WHS inspection.

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Definitions:

Option Quoted

The listed price of an option contract on an exchange, often comprising its intrinsic value and time value.

Time Value

The additional amount an investor is willing to pay for an option or other financial product based on its potential to increase in value over time.

November 45 Call

A type of option contract that gives the holder the right, but not the obligation, to buy a stock or another financial instrument at a specified price (in this case, $45) on or before November's expiration date.

Risk-Free Rate Of Return

The assumed rate of return on an investment that carries no risk, typically illustrated by the return on government securities.