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Alex sues Lisa for $60,000 for damages suffered as a result of her negligence because she failed to place a sign on the door of her restaurant warning customers to "Watch Your Step" as they exited the building. A jury awards Alex $40,000 because Alex's intoxication made him 33% responsible for his injuries. Lisa avoided full liability because she showed:
Down Payment
An initial payment made when purchasing an item on credit, particularly real estate, often expressed as a percentage of the purchase price.
Annual Interest Rate
The annual interest rate is the percentage of principal charged by the lender for the use of its money over one year.
Down Payment
An initial upfront partial payment for the purchase of expensive items/services such as a home or a car.
Annual Payments
Payments made once a year, often related to loans, leases, or insurance policies.
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