Other Types of Amusements and Attractions That Can Result in Liability

question 37

Short Answer

Other types of amusements and attractions that can result in liability if the facility fails to exercise reasonable care in maintenance and operation include _________________________ or _________________________.

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Definitions:

Investment

The act of allocating resources, usually money, with the expectation of generating an income or profit.

Accounts Payable

Money owed by a business to its suppliers shown as a liability on the company's balance sheet.

Expenses Paid

Funds that have been disbursed to cover the costs incurred by a business or individual.

Payment of Liability

The process of discharging obligations or debts by transferring assets, typically cash, to the creditor or lender.