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Jeff Frequently Visits the Local Bar on His Way Home

question 96

Multiple Choice

Jeff frequently visits the local bar on his way home from his second shift factory job. He and his coworkers will often have a beer or two before going home for the night. Jeff and his friends are anxious to arrive to the bar on this particular night due to his favorite NFL team playing. He hopes they will arrive to view the fourth quarter of the game. As he enters the bar, he notes a group of noisy, obnoxious rival fans that had one too many drinks. Jeff ask the group to quiet down so he could hear the game. He was immediately approached by the members of the group asking if they wanted to make an issue of the game. Before Jeff could answer, one member of the group throws a punch. Within minutes, a full bar brawl has ensued. Jeff ends up with a fractured skull, which has resulted in brain damage.
-Jeff will most likely file a _____ lawsuit against the offenders who injured him,which will not be difficult to win.

Definitions:

Acquired Assets

Assets obtained through purchase or merger by a company.

Double-Declining Balance

An accelerated method of depreciation that doubles the rate at which an asset's book value is reduced over time, reflecting quicker loss of value.

Straight-Line Depreciation

A technique for apportioning the price of a physical asset over its effective duration in steady annual portions.

Salvage Value

The expected salvage value of an asset after it has served its useful life.