In Geczi V

question 343

Multiple Choice

In Geczi v. Lifetime Fitness, where Geczi suffered an injury when a treadmill at Lifetime malfunctioned but a jury held Lifetime not to be negligent, the appeals court held that Lifetime was not liable because:

• A) Geczi expressly assumed the risk of injury
• B) Geczi was over 18 when she signed the release of liability form
• C) Geczi was a rational adult who should have understood the inherent risks of a treadmill
• D) Geczi signed the release of liability form in front of witnesses
• E) all of the other choices are correct

---

Definitions:

Free Trade

A policy to eliminate discrimination against imports and exports, allowing goods to move freely between countries without tariffs or quotas.

Comparative Advantage

The ability of an entity to produce a good or offer a service at a lower opportunity cost than its competitors.

Dumping

The practice of a company selling a product in a foreign market at a price lower than its cost of production or lower than the price in its domestic market.

Diversification

An investment strategy that involves spreading investments among various financial instruments, industries, and other categories to reduce risk.