What defenses will the bank assert

Assignment Help Financial Management
Reference no: EM132185182

Question: Mark sued a bank for injuries. He was not paying attention as he entered the bank because he was looking at his phone. And he fell suffering $10,000 in injuries. Prior to the fall, the janitor had buffed the floor. The janitor had an IQ of 70. Normally, the janitor was closely supervised. However, today his manager was extremely tired, and the manager didn't notice that the janitor had carelessly used way too much floor wax that was extremely slippery. Is the bank liable for the janitor's negligence (be sure to go through all the elements.) Additionally, note that under the doctrine of respondeat superior the bank WILL be liable for any potential negligence of the janitor employee? What defenses will the bank assert? Assume that the jurisdiction does not recognize assumption of risk or contributory negligence. The jurisdiction does recognize the defense of comparative negligence.

The requirements below must be met for your paper to be accepted and graded:

• Write between 500 - 750 words (approximately 2 - 3 pages) using Microsoft Word.

• Attempt APA style, see example below.

• Use font size 12 and 1" margins.

• Include cover page and reference page.

• At least 60% of your paper must be original content/writing.

• No more than 40% of your content/information may come from references.

• Use at least two references from outside the course material, preferably from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the two reference requirement.

Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must be identified in the paper and listed on a reference page.Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must come from sources such as, scholarly journals found in EBSCOhost, online newspapers such as The Wall Street Journal, government websites, etc. Sources such as Wikis, Yahoo Answers, eHow, etc. are not acceptable.

Reference no: EM132185182

After-tax earnings available under the corporate forms

Assume the pre-tax profit of $50,000 has been earned by a business, and the owner/proprietor wants to withdraw all of the after-tax profit for personal use.  Assume the tax ra

What is the list price of the bond on the settlement date

Consider a bond with a settlement date of 01/19/1994. The maturity of the bond is March 15, 2021. The coupon rate is 5.5%. If the yield to maturity of the bond is 5.34% (bond

Future value of multiple annuities-retirement plan

Future Value of Multiple Annuities Assume that you contribute $240 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $340 per mont

Return on capital-reinvestment rates for last fiscal year

Caballos, Inc., has a debt to capital ratio of 14%, a beta of 1.92 and a pre-tax cost of debt of 7%. The firm had earnings before interest and taxes of $ 514 million for the l

Ruby has purchased a new home that needs repair

Ruby has purchased a new home that needs repair. She has gained approval for a home improvement line-of-credit for $100,000 that she will use to fix up the house over three ye

Calculate the weights for debt-common equity

The Imaginary Products Co. currently has debt with a market value of $275 million outstanding. The debt consists of 9 percent coupon bonds (semi annual coupon payments) which

Why reward-to-risk ratio must be equal for all securities

Given that higher risk investments, such as small-company stocks, have outperformed other investments over time, why don't all investors choose to invest only in these high ri

Significant number of better business bureau complaints

Explain how the following situations can shed light on the question, What is the character of the borrower and quality of information provided? Significant number of Better Bu

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd