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Scenario 8.2: Faulty Scaffolding
The owner and supervisor of a small BC construction company and a scaffold platform supplier were charged with two counts of criminal negligence causing death,in addition to 12 provincial health and safety legislation charges.Two migrant workers fell 11 storeys from a high-rise building when the faulty scaffolding broke,and they were not attached to harnesses.
-Please refer to Scenario 8.2.What is the name of the health and safety legislation in which the owner,director,and supervisor of the BC construction company,and the scaffold platform supplier,were charged with criminal negligence?
Residual Interest
The remaining interest or value that an entity has in an asset after deducting any liabilities or obligations related to that asset.
Entity
In accounting and finance, an entity refers to any organization, company, or individual that has a separate legal existence and can engage in economic activities and transactions.
Third Parties
Individuals or entities that are involved in a transaction or agreement but are not one of the principal parties.
Return On Assets
A financial metric used to gauge how efficiently a company uses its assets to generate profit.
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