Which of the Following Situations Could Not Result in a Successful

question 157

Multiple Choice

Which of the following situations could not result in a successful action for negligence?

• A) When Todd was setting up a tent for a backyard wedding, he fell into a hole and broke his leg. The owner forgot to tell the wedding planner that he had been digging a hole to put in a fish pond.
• B) An employee of the bank mistakenly wrote to Maria saying that the bank had approved her loan. Relying on that letter, Maria made contracts she could not honour when the bank refused to forward the money. Maria lost $10 000 because of the bank's carelessness.
• C) A driver, trying to see what a movie crew was doing, accidentally plowed his car into the side of a catering truck.
• D) Nikki accidentally upset a glass table and broke an expensive vase when she yanked on a large cable without checking what was blocking its path.
• E) A real estate agent, fed up with his client, punches him in the nose when he changes his mind about selling his condo.

Estimate bad debt expense using various methods and understand its significance in financial reporting.

Understand the distinctions between different environmental worldviews (anthropocentric, biocentric, ecofeminism, environmental wisdom, planetary management, and stewardship).

Recognize the principles and arguments of ecofeminism.

Differentiate between the concepts of planetary management, stewardship, and environmental wisdom worldviews.

---

Definitions:

Total Interest Earned

The cumulative amount of interest received from an investment over a particular period.

Original Investment

The initial amount of money put into an investment or project, serving as the baseline for measuring future earnings or losses.

Nominal Interest Rate

The interest rate before adjustments for inflation, as opposed to the real interest rate.

Periodic Interest Rate

The interest rate applied to a loan or investment for a specific period, usually shorter than a year.