Ann lives in a state that has a 2 year statute of limitations and a 10 year statute of repose in negligence cases. In 2018, she is operated on my Sally Surgeon. Sally does a careless job of reconstructing Ann's elbow, but it is done in a way that.causes no initial pain and that Ann does not notice until 2020. Now it is 2027. Ann is frustrated by her ongoing elbow pain, and decides that she wants to sue Sally. Can her lawsuit proceed successfully? O Yes No, because the statute of limitations has run O No, because the statute of repose has run
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- Faxwxting An insured purchases a $100,000 Accidental Death and Dismemberment policy that will pay triple indemnity for death caused when riding in a common camine. If the insured a commercial airplane crash, the policy will pay a MAXIMUM of OA O D. $100,000 $200,000 $300,000 $400,000 Marbour13) Garrett works as an electrician, going into people's homes and offices to set up and repair 13) electrical systems. When he sees a dangerous condition, he reports it to the home or business owner immediately and begins working to fix the situation. He wears safety goggles and gloves while he is working, and he has a comprehensive insurance plan with income protection in the event that he becomes unable to work. Garrett's actions are most related to Maslow's needs. A) social B) physiological C) esteem D) self-actualization E) securityWhich one (1) of the following situations may have an effect upon the premium charged for a Homeowners Comprehensive policy? OA) Theft coverage on unscheduled jewellery up to a $2,000 limit. OB) The house is unoccupied for three (3) months during the winter. OC) The insured installs a wood burning stove. OD) The insured's mother-in-law moves into the house.
- Your insureds occupy a single family detached dwelling. For economic reasons, they are considering renting the finished basement to a tenant. What affect will this have on their Homeowners Policy? O A) None at all. Renting part of a dwelling is not considered a commercial activity. O B) They will have to install a smoke detector in the basement and the policy will then be in full force. O C) The policy will have to be cancelled and re-issued on a Secondary Dwelling form. O D) The policy must be endorsed to declare it is no longer a single family, owner- occupied dwelling."Mary Decker is suing the manufacturer of her car becauseof a defect that she believes caused her to have an accident, and kept her out of work for a year. She is suing the com-pany for $3.5 million. The company has offered her a set-tlement of $700,000, of which Mary would receive $600,000 after attorneys’ fees. Her attorney has advisedher that she has a 50% chance of winning her case. If sheloses she will incur attorneys’ fees and court costs of $75,000. If she wins she is not guaranteed her full re-quested settlement. Her attorney believes that there is a 50% chance she could receive the full settlement, in whichcase Mary would get $2 million after her attorney takes hiscut, and a 50% chance that the jury will award her a lesseramount of $1,000,000, of which Mary would get $500,000.Using decision-tree analysis, decide if Mary should suethe manufacturer.Scenario B (Australian Taxation Law): – Taxpayers at retirement age Inder Muller, aged 58, recently retired from his employment as chief accountant of Moon Light Pty Ltd, after 17 years and 4 months of service. Inder’s wife Belinda, aged 59, is currently running a small newsagency. Inder and Belinda visited you to seek advice on various retirement planning options specified below. Inder and Belinda both are covered by private health insurance. 2) Regarding Inder’s Termination payment & Superannuation Inder currently has superannuation valued at $582,000 with the Suncorp (complying Super fund). The total amount includes the following elements; > Tax free component $25,000 > Element untaxed in the fund $207,000 > Element taxed in the fund $350,000LAW6001 Required Advise Inder what would be the tax consequences of withdrawing his super prior to his retirement age, including all options available to him.
- Scenario B (Australian Taxation Law): – Taxpayers at retirement age Inder Muller, aged 58, recently retired from his employment as chief accountant of Moon Light Pty Ltd, after 17 years and 4 months of service. Inder’s wife Belinda, aged 59, is currently running a small newsagency. Inder and Belinda visited you to seek advice on various retirement planning options specified below. Inder and Belinda both are covered by private health insurance. 3) Regarding Belinda’s Business Belinda has started the newsagency business 3 months ago. She would like to get advice on the tax benefits available for her new business. The expected business turnover for the financial year ending 30th of June 2022 is $500,000 including GST. She has purchased the following assets for the business. > Photocopy machine for $5,500 including GST on the 15th of Feb 2022 and was ready to use on the 1st of March 2022 > Motor vehicle purchased on the 1st May 2022 for $68,800 including GST, to be used solely for…You are a consulting project manager and have been contracted by an investment bank to run a large information technology project that is expected to last 15 months. During the Direct and Manage Project Work process, you discover that several regulatory requirements have not been addressed in the project management plan. Failure to meet these requirements could result in legal action against the company. However, implementing the technology to comply with these regulations exceeds the budget and scope of the project, and could result in the cancellation of the project. As a project manager what are some of the critical issues that you will undertake?Hyewon Kim owns her own catering business. She continually monitors her other expense costs, including the cost of liability insurance for drivers of her catering vans. This year, Hyewon’s auto insurer advises her that insurance rates for her coverage will increase by 15 percent next year. The insurance company also states that if Hyewon will institute a preemployment drug-testing program for those employees who will drive her vans, there will be no insurance rate increase. Hyewon does not currently require potential employees to agree to be drug-tested prior to becoming employed in her business, but it is legal to do so in her state. What should Hyewon tell potential employees about her reason for implementing a preemployment drug-testing program? What should she do if a potential employee refuses to agree to the test?
- Scenario B (Australian Taxation Law): – Taxpayers at retirement age Inder Muller, aged 58, recently retired from his employment as chief accountant of Moon Light Pty Ltd, after 17 years and 4 months of service. Inder’s wife Belinda, aged 59, is currently running a small newsagency. Inder and Belinda visited you to seek advice on various retirement planning options specified below. Inder and Belinda both are covered by private health insurance. 3) Regarding Belinda’s Business Belinda has started the newsagency business 3 months ago. She would like to get advice on the tax benefits available for her new business. The expected business turnover for the financial year ending 30th of June 2022 is $500,000 including GST. She has purchased the following assets for the business. > Photocopy machine for $5,500 including GST on the 15th of Feb 2022 and was ready to use on the 1st of March 2022 > Motor vehicle purchased on the 1st May 2022 for $68,800 including GST, to be used solely for…The insured is covered under O.A.P. 1 Owner’s Policy including Direct Compensation-Property Damage and is involved in an accident in Ontario with an automobile, for which he/she is not at fault. His/her car is severely damaged and personal belongings in the car are destroyed. Which one (1) of the following statements is correct? O A) Damage to the insured's car and reimbursement for a rental vehicle are covered by the third party’s policy. O B) Damage to the insured’s car, replacement of destroyed personal belongings and reimbursement for a rental vehicle are covered by the insured’s policy, less the policy deductible. O C) Damage to the insured’s car, replacement of destroyed personal belongings and reimbursement for a rental vehicle are covered by the third party's policy. O D) Only damage to the insured’s car and reimbursement for a rental vehicle are covered by the insured's policy.Read the Registered Consent Agreement for True Sports, Inc. (File Number CT-2020-009), on the Competition Tribunal website (www.ct-tc.gc.ca). The Respondent, True Sports, Inc. is a designer, manufacturer and marketer of equipment that is the subject of the registered consent agreement. This equipment is: Select one: O a the TRUE Dynamic 9 Pro hockey helmet. Ob the 10 PLUS shin guards. Oc the GOPLUS gloves. Od the OPTI-MORE 10 soccer cleats.