Gig Shipping, Which Is Based in Winnipeg, Offered to Deliver

question 55

Multiple Choice

Gig Shipping, which is based in Winnipeg, offered to deliver "anything, anywhere anytime." Rosie entered into a contract with Gig Shipping to send an antique phonograph from Portage La Prairie to Brockville.The phonograph was lost in transit.Rosie claimed the value of the phonograph under a policy that she had purchased from The Pas Insurance Co.Despite the loss, Gig Shipping feels protected from the effects of liability by a policy that it purchased from Brandon Insurance Co.Which of the following statements is most likely TRUE?

• A)Gig Shipping can be held liable only if it deliberately or carelessly damages the phonograph.
• B)If one insurance company is compelled to pay a benefit, the other could not possibly be compelled to pay a benefit.
• C)The Pas Insurance Company sold a first part insurance policy.
• D)Gig Shipping acted as a bailor.
• E)Rosie purchased a third party insurance policy.

Differentiate between prejudice and discrimination in social contexts.

Comprehend the influence of social norms on individual behavior and conformity.

Understand the concepts of autonomy and informed consent in medical ethics.

Recognize the ethical justifications for state and medical interventions.

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Definitions:

Working Capital

The gap between a firm's current assets and its current liabilities, signifying the available liquidity for operating its business activities.

Incremental Sales

The additional revenue generated from an increase in sales activities or volume above a baseline level.

Cash Operating Expenses

Expenses that a company pays out in cash during an accounting period, excluding non-cash expenses like depreciation.

After-Tax Discount

The reduced value of a cash flow or series of cash flows after accounting for the impact of income tax.