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

What is the six-month forward exchange rate

Six-month T-bills have a nominal rate of 6%, while default-free Japanese bonds that mature in 6 months have a nominal rate of 3%. In the spot exchange market, 1 yen equals $0.

The projects net present value

Calculate the NPV for a 25 year project with an initial investment of 40000 and a cash inflow of 6000 per year. Assume that the firm has an opportunity cost of 18% . Comment o

Market stages of growth and financial seeking

Explain relationship between a firm and its market stages of growth, financial seeking, providers of such external finance at each stage of a market's development, appropriate

Households and nonprofit organizations

Using data from the Z.1 statistical release published by the Board of Governors of the Federal Reserve please answer the questions based on the following data series. Househol

How much is investor willing to pay for this preferred stock

Corner Creation Corp preferred stock pays annual dividend of $3 per share. If the current interest rate is 5%, how much is an investor willing to pay for this preferred stock?

Explain how ethical-social and political issues

Explain how ethical, social, and political issues are connected and give some examples; list and describe the key technological trends that heighten ethical concerns; and diff

Shareholder versus stakeholder debate

Identify the critical factors on each side of the “shareholder versus stakeholder debate.” Discuss the factors that currently motivate corporate leaders to address this issue.

Calculating a bid price

Consider a project to supply 103 million postage stamps per year to the U.S. Postal Service for the next five years. You have an idle parcel of land available that cost $1,930


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