The Term ________ Refers to a Defense a Defendant Can

question 49

Multiple Choice

The term ________ refers to a defense a defendant can use against a plaintiff who knowingly and voluntarily entered into or participated in an activity that had a high probability of resulting in injury to the plaintiff.

• A) superseding event
• B) comparative negligence
• C) assumption of risk
• D) intervening event

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Definitions:

Outstanding Checks

Outstanding checks are checks that have been written and recorded in the issuing company's ledger but have not yet been cashed or cleared by the bank.

Deposits In Transit

Refers to money that has been received and recorded by a business but has not yet been recognized by the bank by the end of the accounting period.

Outstanding Checks

Checks that have been written and recorded in a company's financial records but have not yet been cashed or cleared by the bank.

Deposits In Transit

Funds that have been deposited by a company but not yet credited to its bank account.