A Lawyer Is Arguing That a Promoter Hosting a Public

question 26

Multiple Choice

A lawyer is arguing that a promoter hosting a public New Year's social is liable in tort for negligence causing injury and loss to his client.Which of the following arguments most likely offers the strongest support for the claim for damages he is presenting to the court?

• A) occupiers' moral obligation to keep premises safe
• B) deficient provision of a safe environment
• C) assumption of both physical and legal risks
• D) ethically and morally the right thing to do

---

Definitions:

Shutdown Point

The level of operation at which a firm's total revenue is equal to its total variable costs, below which the firm should cease production to minimize losses.

Point

A specific location or position in a spatial setting or within a set of data.

Market Price

The price at which goods or services are currently sold on the open market.

Profits

The financial gain calculated as the difference between the revenue earned from sales and the expenses, taxes, and costs incurred in producing those sales.