Which of the Following Would Be an Inherently Dangerous Activity

question 40

Multiple Choice

Which of the following would be an inherently dangerous activity that would result in the principal's liability for the actions of an independent contractor?​

• A)​destruction of a building through the use of dynamite
• B)​use of a crane in city construction
• C)driving a semi-truck on two-lane roads
• D)all of the above

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Definitions:

Purchased

The act of acquiring goods or services in exchange for money, often recorded in accounting as an increase in assets or expenses.

Insurance Policy

A contract between an insurer and a policyholder specifying the claims which the insurer is legally required to pay in exchange for an upfront premium.

Adjusting Entry

A journal entry made at the end of an accounting period to record unrecognized income or expenses, ensuring the financial statements are accurate.

Purchased

Refers to items or assets acquired by a company through the exchange of money or its equivalents.