Nick sees Opal, a stranger, in peril, but does not attempt to rescue her. Opal could successfully sue Nick for
A. negligence per se.
B. nothing.
C. a violation of the "danger invites" rescue doctrine.
D. a violation of a Good Samaritan statute.
Answer: B
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Which of the following would not be listed as an asset on the balance sheet of a hardware store?
A. A set of metric wrenches B. Display cabinets C. Accounts payable D. Nuts and bolts E. A $55 credit card charge from a store patron
The Dealey Electric Group produces light bulbs that are used in refrigerator manufacturing. Currently, only three other companies produce bulbs used in the production of refrigerators, with Dealey as the leader in market share. In this case, Dealey Electric Group would be considered
A. an oligopoly. B. a monopoly. C. involved in monopolistic competition. D. involved in perfect competition. E. involved in a perfect oligopoly.
The Code excuses performance based upon commercial impracticability
Indicate whether the statement is true or false
Explain why people start small businesses.
What will be an ideal response?