Statement I: Since 1985,for the First Time in Our History,we

question 128

Multiple Choice

Statement I: Since 1985,for the first time in our history,we have run up huge international debt.
Statement II: To finance our international consumer spending binge we have been selling off pieces of America.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Negligence

The failure to take reasonable care to avoid causing injury or loss to another person.

Losses Total

The complete sum of all financial losses incurred by an entity during a specified period.

Negligent

Failing to take proper care in doing something, leading to damage or injury to another.

Foreseeable Harm

Damage or injury that a reasonable person should have anticipated as a likely outcome of their actions.