Reference - Blow-Up

question 109

Multiple Choice

Reference - Blow-Up. Jeanie is hauling several containers of gasoline in her vehicle in preparation for riding her personal watercraft. On the way home, Jeanie stops at the automatic teller machine at her bank and exits her car. Holly pulls behind her and negligently rear-ends Jeanie's car. The car explodes and results in the bank building burning to the ground. The bank sues Holly for negligence claiming that Holly should have to pay for the entire bank building. The bank claimed that it should be able to recover under the res ipsa loquitur doctrine. Which of the following is true regarding the bank's claim that it should be able to recover under the res ipsa loquitur doctrine?

• A) The bank is correct because under that doctrine defendants are liable for any harm caused.
• B) The bank is correct only if Holly has sufficient insurance to cover the bank burning.
• C) The bank is correct only if it can be established that Holly was a repeat driving offender.
• D) The bank is incorrect because the thing does not speak for itself.
• E) The bank is incorrect because res ipsa loquitur is a defense.

Identify the process of leveraging brand meanings across unrelated products as a marketing strategy.

Recognize the role of consumers as active agents in the brand meaning creation process.

Understand the causes and prevention of desertification.

Recognize the chemical processes and environmental impacts of acid rain.

---

Definitions:

Grazing Permits

Licenses issued by government or property owners allowing livestock to graze on land.

Internalize the Externality

The process whereby parties take into account the external costs or benefits of their actions, often through regulatory or market-based mechanisms.

Tragedy of the Commons

A situation in a shared-resource system where individual users acting independently according to their own self-interest behave contrary to the common good of all users by depleting or spoiling that resource.

Excludable

A characteristic of a good or service that means it can be restricted to only those who pay for it; the opposite of a public or non-excludable good.