What Was the Result in the Case Opener Involving the Lawsuit

question 8

Multiple Choice

What was the result in the case opener involving the lawsuit against the sperm bank for providing sperm with a genetic defect?

• A)The lawsuit was not dismissed,and the court ruled that a sperm bank could be sued under product liability laws.
• B)The lawsuit was not dismissed although the court ruled that the plaintiff could proceed only under a negligence theory.
• C)The lawsuit was dismissed because of the court's decision that the sperm was not defective.
• D)The lawsuit was dismissed because of the court's decision that the plaintiffs had suffered no damages.
• E)The lawsuit was dismissed because of the court's decision that sperm is not a product.

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Definitions:

Net Operating Income

The profit generated from a company's core business operations, excluding expenses and revenues from non-operating activities.

Net Operating Income

A measure of a company's or property's profitability after subtracting all operating expenses from the revenue generated from operations.

Planning Budget

is a financial plan developed based on projected activity levels and expected revenues and expenses, providing a framework for future operations.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate financial planning and analysis.