Assume the Average Annual CPI Values for 2012 and 2013

question 241

Multiple Choice

Assume the average annual CPI values for 2012 and 2013 were 207.3 and 215.3,respectively.What was the percent increase in the CPI between these two years?

• A)0.96
• B)1.04
• C)3.86
• D)8.0

---

Definitions:

Ordinary Care

The level of care that a reasonably prudent person would exercise in similar circumstances; a standard for negligence determination.

Reasonable Care

The degree of caution and concern an ordinarily prudent person would use in similar circumstances, often used as a standard for determining negligence.

Good Faith

An honest intention to act without taking an unfair advantage over another party.

Limit Liability

A legal principle or provision that caps the amount one can be held responsible for in case of damage or loss.