When One of Waata's Employees Was Stocking a Particularly High

question 60

Multiple Choice

When one of Waata's employees was stocking a particularly high shelf one morning; he reached a bit too far and fell off the ladder. Luckily he just broke his arm and returned to work later that day. His medical bills due to this accident were covered under

• A) workers' compensation.
• B) disability insurance.
• C) liability insurance.
• D) his own health insurance.

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Definitions:

Negotiable Document

A document guaranteeing the transfer of certain rights which can be transferred from one party to another through endorsement or delivery.

Nonnegotiable Document

A legal or official document whose terms and conditions cannot be altered or bargained over.

Good-Faith Purchaser

A buyer who purchases property without knowledge of any claims, liens, or encumbrances on the property.

Good Title

Legal terminology indicating that a property is owned free and clear of any liens, encumbrances, or legal questions concerning the ownership.