Noland Tools Takes All Reasonable Precautions to Guard Against Known

question 16

Multiple Choice

Noland Tools takes all reasonable precautions to guard against known hazards in one of its facilities; however, many of the precautions are frequently circumvented by employees, who find the precautions cumbersome. Employee Teal is injured when he circumvents these precautions. Noland Tools is:

• A) liable for the harm, under the ruling in Horne Plumbing and Heating v. OSHRC.
• B) liable for the harm, because the legislative history of the OSHA indicates that it is intended to make employers insurers of employee safety, even in spite of employee disregard for safety precautions.
• C) not liable for the harm, under Horne Plumbing and Heating v. OSHRC.
• D) not liable for the harm, by operation of the special duty rule.

---

Definitions:

Maturity

The date when a financial instrument (e.g., bond, loan) reaches its final installment and is to be paid off completely.

Bond Portfolio Management

Bond Portfolio Management involves the strategic buying and selling of bond securities with the goal of achieving a desired return based on an individual's or institution's financial objectives and risk tolerance.

Sidney Homer

A notable economist and author recognized for his work in the fields of bond markets and interest rates.

Harry Markowitz

An American economist known for his pioneering work in modern portfolio theory, emphasizing diversification and risk management in investing.