Which of the Following Is Most Likely to Occur When

question 68

Multiple Choice

Which of the following is most likely to occur when the proposition of contributory negligence is applied?

• A) A plaintiff can recover both punitive and actual damages.
• B) Damages are awarded in proportion to the plaintiff's and the defendant's fault.
• C) The plaintiff does not recover any damages due to his/her fault that caused the injury.
• D) Damages are awarded to a plaintiff only if the plaintiff can prove that he or she used proper care for his or her own safety.
• E) A plaintiff is awarded only punitive damages in case contributory negligence is established.

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Definitions:

Variable Costs

Costs that change in proportion to the amount of goods produced or the volume of sales, like labor and materials.

Contribution Margin Ratio

The ratio that represents what percentage of sales contributes to the covering of fixed costs, calculated by subtracting variable costs from sales revenue and dividing the result by sales revenue.

Operating Income

Earnings from a company's core business operations, excluding revenue and expenses from non-operating activities like investments.

Variable Costs

Costs that vary depending on a company’s level of activity.