Prominent Signs Declare a Beach Closed Because of Pollution

question 107

Multiple Choice

Prominent signs declare a beach closed because of pollution. A swimmer who ignores the signs and later is hospitalized with an infection sues the owner of the beach. What defense does the owner have?

• A) Breach of duty
• B) Contributory negligence
• C) Assumption of risk
• D) Procedural law

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Definitions:

Amortization Schedule

A detailed table of periodic loan payments, breaking down the amounts going towards principal and interest over the life of the loan.

Total Interest

The overall amount of interest paid on a loan or earned on an investment over a specific period.

Compounded Quarterly

A compound interest calculation where interest is added to the principal every three months.

Quarterly Payments

Payments that are made four times a year at three-month intervals.