A situation in which a person is held legally liable even though fault or negligence cannot be proven is an example of A) general damages. B) comparative negligence. C) an intentional tort. D) strict liability. ANSWER Answer: D
Date: September 19th, 2020
The primary goal of a publicly owned corporation is to ________. A) minimize shareholder risk B) maximize dividends per share C) maximize shareholder wealth D) maximize earnings per share after taxes ANSWER C
Date: September 19th, 2020
Saving surplus units include individuals and governments, but not corporations. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
One type of Medicare Advantage Plans provides focused care for a specific group of people, such as diabetics and nursing home residents. This type of Medicare Advantage Plan is a A) Point of Service (POS) plan. B) Private Fee-for-Service plan. C) Health Maintenance Organization (HMO) plan. D) Special Needs plan. ANSWER Answer: D
Date: September 19th, 2020
Which of the following statements about the elements of negligence is (are) true? I. The negligence of the tortfeasor may arise from a failure to act. II. The damage that results must be in the form of property damage. A) I only B) II only C) both I and II D) neither I nor II […]
Date: September 19th, 2020
Only a firm’s financial decisions affect its stock prices. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
Heather sued Robert for injuries suffered in an automobile accident. Based on the facts presented, the jury concluded that Heather was 40 percent at fault in the accident and Robert was 60 percent at fault. Under the common law doctrine of contributory negligence, the jury should award Heather A) nothing. B) 40 percent of her […]
Date: September 19th, 2020
All of the following changes would reduce the long-range deficit for the Social Security program EXCEPT A) increase the OASDI taxable wage base. B) delay scheduled increases in the full retirement age. C) make all OASDI benefits fully taxable. D) use general revenues of the federal government to help pay benefits. ANSWER Answer: […]
Date: September 19th, 2020
Which of the following statements about comparative negligence laws is (are) true? I. Under the pure rule, any negligence by the plaintiff automatically bars recovery for damages. II. Under the 50 percent rule, parties who are equally at fault are each allowed to recover damages. A) I only B) II only C) both I and […]
Date: September 19th, 2020
As an alternative to the Original Medicare Plan, beneficiaries can elect to enroll in private health insurance plans that cover all services that the Original Medicare Plan covers except hospice care. These private health insurance plans that are an alternative to the Original Medicare Plan are called A) Medigap Insurance Programs. B) PACE Programs. C) […]
Date: September 19th, 2020
