Gladian Works as a Plumber for Jackson Plumbing

question 79

Multiple Choice

Gladian works as a plumber for Jackson Plumbing. When he is at Smithby's house, he tries to fix the Smithby's satellite dish causing the unit to overheat and causing a fire. What is Jackson Plumbing's best defense regarding liability?

• A) Gladian was on a substantial departure
• B) Gladian is on minimal departure
• C) Gladian is on a half departure
• D) Gladian is on an absolute departure
• E) Gladian is on an unauthorized departure

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Definitions:

Bank Loans

Debt provided by banking institutions that is repayable over a set period of time with interest.

Pledged

Assets that are promised or committed as security for the fulfillment of a debt or an obligation.

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Collateral

Collateral is an asset that a borrower offers to a lender to secure a loan. If the borrower fails to repay the loan, the lender has the right to seize the collateral.