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The 2008 U

question 42

Multiple Choice

The 2008 U.S.financial bailouts were met with public opposition despite the fact that they staved off a depression and were being repaid.This illustrates that __________.

Calculate total vehicle life cycle cost for fleet management.
Identify applications and non-applications of sustainability in business practices.
Recognize the components of the ISO14000 environmental management standards.
Understand the 4 R's of environmental sustainability (Reduce, Reuse, Recycle, Reputation).

Definitions:

Assumption of Risk

A legal principle that a person may not recover for injuries received from a dangerous activity if they voluntarily exposed themselves to the danger with full knowledge of the risks involved.

Contributory Negligence

A legal doctrine where if the plaintiff in a negligence case is also found to be at fault to any degree, they cannot recover damages from the defendant.

Comparative Negligence

A legal doctrine that reduces the amount of damages a plaintiff can recover in a negligence-based claim, based upon the degree to which the plaintiff's own negligence contributed to the harm.

Implied Assumption

Implied Assumption refers to an unstated understanding or expectation inherent within a contract or agreement, based on the nature of the transaction and parties' conduct.

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