William, Who Is a Waiter, Is Injured When an Unopened

question 63

Multiple Choice

William, who is a waiter, is injured when an unopened bottle of cola explodes in his hand while he is putting it into the restaurant's cooler.If William wants to sue the bottling company for his injuries:

• A)he will lose, because it will be impossible for him to prove that the bottle was overpressurized by the bottler.
• B)he will lose, because the bottling company has no duty to him.
• C)he will probably win if the court allows him to use the res ipsa loquitur doctrine.
• D)he will win based on the last clear chance rule.

Discuss the importance of extrinsic and intrinsic rewards in motivating behavior and learning.

Analyze the role of parenting styles and external environments on the development of achievement attitudes among children.

Describe the empirical evidence related to sexual orientation and identity, including genetic influences and societal attitudes.

Understand the psychological and physiological components of emotions and their relation to motivation.

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Definitions:

Diversity

The representation and inclusion of individuals from a variety of backgrounds, perspectives, and experiences in a group or organization.

Tacit Collusion

An unspoken, non-explicit agreement among competitors to maintain prices at a certain level or to not compete on certain aspects, without direct communication.

Few Firms

A market condition characterized by a small number of companies, often leading to an oligopolistic competition where each firm's actions can significantly impact the market.

Economic Profits

The difference between total revenues and total explicit and implicit costs.