Plywood & Particleboard Mill, Inc

question 10

Multiple Choice

Plywood & Particleboard Mill, Inc., does not use filters on its stacks, which consequently pollute the air. Quinn, a Plywood employee, suffers respiratory illness. To succeed in a suit against the company on the ground of negligence, Quinn must show that his illness was caused by

• A)a distinct harm separate from that affecting the general public.
• B)a lesser harm than an injunction would impose on Plywood.
• C)Plywood's failure to use reasonable care to avert harm to Quinn.
• D)the same harm as that affecting the general public.

---

Definitions:

Acquired Goodwill

The excess of the purchase price over the fair value of the net assets acquired in a business combination, reflecting intangible assets like brand reputation, customer relationships, etc.

Impairment

A reduction in the recoverable amount of a fixed asset or goodwill below its carrying amount, leading to an adjustment in the value of the asset on the balance sheet.

Consideration Transferred

The total amount of cash, assets, or other resources given up by an acquiring entity to obtain control of another business in a business combination.

Fair Value

The monetary amount anticipated for the disposal of an asset or the fee for shifting a liability in a coordinated marketplace interaction on the appraisal day.