Russ Belmont is a staff accountant at a bank in the downtown Phoenix area. Belmont commutes to the bank each day from his suburban home in Mesa - a distance of 19 miles each way. Belmont's working hours are 8:00 AM to 5:00 PM and he commutes from 7:15 AM until he reaches the bank's parking garage between 7:45 and 8:00 (depending upon the traffic). If Russ is in an accident while on the freeway at
7:30 AM:
A) the bank will be liable for any injuries to third parties.
B) the bank will not be liable for any injuries to third parties.
C) Belmont is an independent contractor and the bank will have no liability for injuries or damages in the accident.
D) None of the above
B
You might also like to view...
On a work sheet, the Debit columns of the Income Statement and the Balance Sheet sections both total more than the Credit columns. This represents
a. an error in the accounting procedures for the period; b. a net loss; c. a net income; d. accumulated depreciation and other expenses; e. unearned revenue.
Your business has just taken out a 1-year installment loan for $72,500 at a nominal rate of 11.0% but with equal end-of-month payments. What percentage of the 2nd monthly payment will go toward the repayment of principal?
A. 73.67% B. 77.55% C. 81.63% D. 85.93% E. 90.45%
Organizations are ________ systems, which means that they are affected by and in turn affect their external environments.
A. output B. closed C. open D. social E. input
Forum non conveniens is the doctrine which allows a party to request a change in venue
Indicate whether the statement is true or false