A Truck Owned and Operated by Roadhog Company Was Involved

question 57

Multiple Choice

A truck owned and operated by Roadhog Company was involved in an accident with an auto driven by M.Sore on January 12,2014.Roadhog received notice on April 24,2014,of a lawsuit for $750,000 damages for a personal injury suffered by M.Sore.Roadhog's counsel believes it is reasonably possible that M.Sore will be successful against the company for an estimated amount in the range between $200,000 and $500,000.No amount within this range is a better estimate of potential damages than any other amount.It is expected that the lawsuit will be adjudicated in the latter part of 2015.What amount of loss should Roadhog accrue at December 31,2014?

• A) $400,000
• B) $250,000
• C) $100,000
• D) $0

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Definitions:

Mating Preferences

The criteria or attributes that individuals in a species use to select their partners for reproduction.

Cross-Cultural

Relating to, or comparing different cultures or cultural areas to elucidate their similarities and differences.

Characteristics of Mating

Traits and behaviors that influence the selection of a partner for reproduction within a species.

Parental Investment Theory

A theory suggesting that parenting behaviors are driven by the biological imperative to ensure the survival of one's genes through offspring.