Delta Tau Chi Is a College Fraternity and Is Recruiting

question 10

Essay

Delta Tau Chi is a college fraternity and is recruiting new members.Although hazing is banned,the members nevertheless take the pledges to the local zoo,where they hand them bows and ribbons and order them to break into the monkey house exhibit and decorate the inhabitants.The monkey house has a distinct sign stating,"DANGEROUS ANIMALS,DO NOT APPROACH OR ENTER THE PREMISES!" The pledges go in anyway,and two of the pledges are severely injured and sue the zoo for their injuries.Discuss the liability of the zoo and the pledges.

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Definitions:

Losing Money

The result of an investment or business activity where expenses and losses exceed revenues or gains.

Profitable

Being profitable means that a company or business generates more revenue than the costs involved in its operation, resulting in a positive financial gain.

Friendly Merger

A merger agreed upon by all parties involved, where the companies willingly combine due to perceived mutual benefits.

Hostile Merger

A takeover attempt that is made against the wishes of the target company's management and board of directors.