Karim Was Replacing the Light Bulb Inside of His Refrigerator

question 12

Multiple Choice

Karim was replacing the light bulb inside of his refrigerator. The bulb was an odd size, so he put it in his coat pocket when he went to Gnome Hardware to purchase a replacement. While standing in front of the light bulb display Karim removed the old light bulb from his pocket to compare it to those for sale. None of the bulbs on display were the same so Karim put the old bulb back into his coat pocket and walked out of the store. When he left the store, a clerk approached him and asked him to go to the manager's office. Can Karim bring a legal action against Gnome Hardware for false imprisonment?

• A) Yes.
• B) Yes, if Karim suffered damages, such as lost time from work.
• C) No, he can only bring an action for slander of title.
• D) No, Gnome Hardware had reasonable and probable grounds.
• E) No, Karim did not suffer any damages, such as lost time from work.

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Definitions:

Earnings Per Share

A financial ratio that indicates the portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of a company's profitability.

Dividend

A portion of a company's earnings distributed to its shareholders, typically in the form of cash payments or additional shares.

Dividend Payout Ratio

A financial metric indicating the proportion of earnings a company pays to its shareholders as dividends, typically expressed as a percentage.

Net Income

The net income of a business once all costs and taxes are subtracted from its total revenue.