Comparative Negligence

question 51

Multiple Choice

Comparative negligence:

• A) has been rejected by most of the states.
• B) allows a comparison of negligence between plaintiff and defendant.
• C) only applies when the plaintiff has signed a release.
• D) is a bar to recovery under common law.

---

Definitions:

Credit Policy Change

Adjustments made to the guidelines that govern the extension of credit to customers, affecting terms of payment and eligibility.

One-Shot Approach

A strategy or method applied once to address an issue or solve a problem, without plans for repeated application or follow-up.

Net Present Value

A valuation method that calculates the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Net 30 Credit Policy

A credit term that allows a customer 30 days to pay the invoice in full from the invoice date.