Walter Is an Experienced and Highly Successful Gambler

question 63

Multiple Choice

Walter is an experienced and highly successful gambler.He is most successful when betting on horse races.Until recently, he frequently placed bets at the Scarborough Downs Race Track.The track's manager, however, ordered her employees to deny Walter entry to the premises.The manager decided that Walter was winning too much money.Which of the following statements is TRUE?

• A)The race track has no right to exclude Walter from its premises.
• B)As long as it is owned by a private company, the race track has the right to exclude Walter from its premises, even if it does so because it objects to the colour of his skin.
• C)Once the race track invites Walter onto its premises, it can ask him to leave only if he commits a crime.
• D)If Walter sneaks into the premises, the race track can remove him using whatever force is required to accomplish the task.
• E)If Walter is told not to enter the premises and continues to sneak into the race track, a judge might award an injunction against him.

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Definitions:

Accurate To The Cent

Describing a level of precision in financial calculations where figures are exact to the smallest denomination of currency, usually a cent.

Ordinary General Annuity

An annuity where payments are made at the end of each period in a series of equal or fixed payments.

Future Value

The equivalence in value of a future asset or monetary sum to a specified current amount.

Accurate To The Cent

Describes a level of precision in financial transactions where amounts are calculated exactly to the smallest currency unit, such as a cent.