Roland and Kelly were involved in a car accident in which Kelly was badly injured and had to be hospitalized. After investigation, it was found that Roland's negligence was the cause of the accident

He was duly charged with reckless driving, which is classified as a crime. What action should Roland take to avoid being sued by Kelly, who held him liable for her injuries and subsequent hospital bills?
A) enter into a plea of nolo contendere
B) plead not guilty and go to trial
C) enter into a plea bargain with the government and pay a nominal penalty set by the government
D) plead guilty and serve the punishment set by the government as it will serve as the all-binding punishment for the crime


A

Business

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Gaba Corporation uses the FIFO method in its process costing system. The Grinding Department started the month with 17,000 units in its beginning work in process inventory that were 60% complete with respect to conversion costs. An additional 60,000 units were transferred in from the prior department during the month to begin processing in the Grinding Department. During the month 70,000 units were completed in the Grinding Department and transferred to the next processing department. There were 7,000 units in the ending work in process inventory of the Grinding Department that were 10% complete with respect to conversion costs. What were the equivalent units of production for conversion costs in the Grinding Department for the month?

A. 70,000 B. 50,000 C. 60,500 D. 70,700

Business

In a competitor analysis, a current (or planned) target market and marketing mix is compared with what competitors are currently doing (or are likely to do).

Answer the following statement true (T) or false (F)

Business

A producer is not likely to receive ____ from an industrial distributor.

A. selling activities in local markets B. market information about consumers C. aggressive promotion of its brand D. reduced capital requirements E. a reduced financial burden from customers

Business

The strike price of a put option is the price

A) an investor must pay for the options contract. B) of the underlying stock at the time that the options contract is purchased. C) at which the underlying stock can be sold. D) at which the underlying stock can be bought.

Business