The Front Window of Polly's Flower Shop Was Recently Broken

question 18

Multiple Choice

The front window of Polly's Flower Shop was recently broken when someone threw a rock through it.Which of the following statements is TRUE?

• A)If the person who threw the rock is 13 years old,there will not be a lawsuit because children under the age of majority cannot be sued.
• B)If the person who threw the rock is insane,Polly's Flowers will not be able to sue unless it receives permission from the Public Trustee.
• C)If the person who threw the rock is a European who is visiting Canada for less than a year,the case will have to be heard in the International Court of Justice.
• D)Because a lawsuit can be brought only by a human,the plaintiff named in the statement of claim cannot be the corporation that owns Polly's Flower Shop.
• E)The person who threw the rock may be sued even if that person worked for the government and threw the rock while that person was on duty as a government employee.

---

Definitions:

Concentration Ratio

A measure of the market share or dominance controlled by the largest firms within an industry, used to assess market competitiveness.

Herfindahl Index

A measure of market concentration that sums the squares of the market shares of all firms within an industry.

Economic Profit

The profit or loss calculated by taking the total revenue of a firm and subtracting all its costs, both direct and indirect.