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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 was the key legal role for the supervisor with respect to ensuring the safety of the migrant workers?
Debt Costs
The total expenses associated with borrowing money, including interest payments and fees.
Financial Risk
The possibility of losing money on an investment or business venture, including the risk of not receiving anticipated returns.
Retained Earnings
The portion of net income not distributed as dividends but retained by the company to be reinvested in its core business or to pay debt.
Source of Capital
Various origins from which businesses or individuals can obtain funds, including equity, debt, and internal generation.
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