In Philibert V

question 13

Multiple Choice

In Philibert v.Kluser,the case in the text,the court determined what elements allow a bystander to recover for negligent infliction of emotional distress.The court considered three different tests to make this decision.Which of the following was not considered?

• A)Substantial factor test
• B)Impact test
• C)Zone of danger test
• D)The Restatement (ThirD)Approach

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Definitions:

Break-even Point

The point at which total revenue equals total costs and expenses, meaning the business makes neither a profit nor a loss.

Margin of Safety

The difference between actual or expected sales and the sales level at which the business incurs no profit or loss.

Break-even Point

The point at which total costs and total revenue are equal, meaning there is no net loss or gain, and the business is just covering its costs.

Break-even Point

The level of sales or production at which total revenues equal total expenses, resulting in neither profit nor loss.