Read the Following and Indicate the False Statement

question 6

Multiple Choice

Read the following and indicate the False statement.

• A) If a person were given a blood transfusion after making it clear that she didn't want one, the cause of action would be defamation.
• B) If a person suffers a loss because a salesman knowingly made a False statement that he knew the other would rely on to his detriment, the cause of action could be deceit.
• C) If falling over boxes wrongfully left in his garage by a delivery company injured a person, the cause of action could be trespass.
• D) If a person suffers damage because of wiring improperly installed by John for his employer, World Wires Ltd., the cause of action against John could be negligence, and World Wires Ltd. could be sued as well.
• E) If the odour from a neighbour's smokehouse made it impossible for you to use your pool, the proper action is nuisance.

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Definitions:

Inventory Level

The quantity of goods or materials on hand at any given time within a business.

Inventory Turnover

A ratio that measures how many times a company's inventory is sold and replaced over a specific period, highlighting the efficiency of inventory management.

FIFO

A method used in accounting to assign the cost of goods sold to the earliest purchased items in inventory, leading to different inventory value and profit measure from other methods.

Net Income

The total profit of a company after all revenues, expenses, and taxes have been deducted.