Ladd Throws a Rock Intending to Hit Minh but Misses

question 36

Multiple Choice

Ladd throws a rock intending to hit Minh but misses and hits Nasir instead. If Nasir sues Ladd for battery, Ladd

• A) likely is liable to Nasir because he meant to throw the rock.
• B) likely is not liable to Nasir because he meant to throw the rock at Minh.
• C) likely is not liable to Nasir because he did not intend to throw the rock.
• D) likely is liable if the rock slipped.

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Definitions:

Fixed Manufacturing Overhead Volume Variance

The difference between the budgeted and actually applied fixed manufacturing overhead, based on standard costs for a given period.

Fixed Overhead Budget Variance

The difference between actual fixed overhead costs and the budgeted or expected fixed overhead costs.

Volume Variance

A measure of the difference between the budgeted and actual volume of production, impacting costs.

Overhead Variances

The difference between actual overhead costs and the budgeted or standard overhead costs.