In Actions Involving Negligence Per Se

question 9

Multiple Choice

In actions involving negligence per se,

• A) negligence is presumed because of the tortfeasor's violation of a statute.
• B) negligence cannot be presumed.
• C) negligence is presumed if injury occurs to minors.
• D) negligence is presumed if injury occurs to persons with special relationships.

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Definitions:

Adjusted Trial Balance

A list of all accounts and their balances after adjusting entries are made, used to prepare financial statements.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary accounts to permanent ones, preparing the company's books for the next period.

Fabricated Products Company

A business that specializes in manufacturing and selling products made from raw materials through various processes.

Income Statements

An income statement is a financial document summarizing a company's revenues, expenses, and profits over a specified period.