Nico Is a Passenger in a Car Driven by Owen,whose

question 25

Multiple Choice

Nico is a passenger in a car driven by Owen,whose negligence causes an accident,injuring himself.Nico,uninjured,accompanies Owen to Parkside Hospital in an ambulance.The ambulance is hit by a car driven by Quin,injuring Nico.Nico files a suit against Owen,whose best defense is

• A)assumption of risk.
• B)contributory negligence.
• C)negligence per se.
• D)superseding cause.

---

Definitions:

Cost Method

An accounting method used to record investments, where the investment is recorded at its acquisition cost without adjusting for changes in market value.

Investment Account

An Investment Account is a financial account held by an investor with a brokerage firm, bank, or custodian that holds securities and other investments.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

Dividends

Payments made by a corporation to its shareholder members, typically in the form of cash or additional shares.