The Local Supermarket Has a Large, Glass Front Door Which

question 93

Multiple Choice

The local supermarket has a large, glass front door which is well lighted and plainly visible. Nelson, who is new in the neighborhood, mistook the glass for an open doorway and walked into it, shattering the door and injuring himself. Under the Restatement  Second   Torts: Liability for Physical and Emotional Harm , the store:

• A) is strictly liable to Nelson.
• B) is not liable to Nelson since the door was well lighted and plainly visible.
• C) would be liable under the doctrine of res ipsa loquitur.
• D) has no duty to Nelson.

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Definitions:

Fixed Overhead

Indirect costs that do not vary with the level of production or sales, such as rent, salaries, and insurance.

Budget Variance

The difference between budgeted or planned financial activity and the actual financial performance.

Fixed Overhead

Costs that do not change with the level of production or business activity, such as rent, salaries of permanent staff, and insurance.

Volume Variance

The difference between the budgeted and actual volume of units sold or produced, impacting direct materials, direct labor, and overhead costs.