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Reference - Blow-Up

question 58

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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 whether Holly is the proximate cause of the bank burning?


Definitions:

Speculative Reasons

Motivations for making investments based on the expectation of substantial returns in the future, despite the risk of significant losses.

Intent to Convert

The expressed or implied intention of a holder of a convertible security or instrument to change it into a different form, usually into shares of stock.

Pension Funds

Investment pools that collect and invest contributions from participants to finance retirement benefits.

Mutual Funds

Investment funds that pool money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities.

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