Fact Pattern 7-A1 (Questions A2-A3 Apply)

question 13

Multiple Choice

Fact Pattern 7-A1 (Questions A2-A3 apply)
Roy owns an apartment building that contains units of different sizes.The sidewalks around the building are in poor repair.Many sections have buckled from the growth of tree roots over the years.
-Refer to Fact Pattern 7-A1.As the owner of the building,Roy has a duty to

• A)arrange to escort anyone who walks onto the property.
• B)do nothing.
• C)repair the sidewalks.
• D)repair the sidewalks only if he is notified that it is a problem.

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Definitions:

Japanese Goods

Products manufactured in Japan, known for their quality in various industries including electronics, automobiles, and machinery.

Yen Appreciates

This occurs when the value of the Japanese yen increases relative to other currencies in the foreign exchange market.

Dollar Appreciates

An increase in the value of the US dollar compared to other currencies, making imports cheaper and exports more expensive.

Balance Of Payments

A record of all financial transactions between a country and the rest of the world.