Purchasing life insurance on the homemaker:
A) makes no sense because the homemaker generates no income
B) should not be done because of the moral hazard it creates in the working spouse
C) makes sense in many cases due to the cost of service replacement and it would help the family maintain a "normal" lifestyle
D) is very necessary when the homemaker has no minor children
C
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Which two concepts are best illustrated by the following passage from a January 29, 2008, report in The New York Times about Societe Generale trader Jerome Kerviel, whose trading misconduct eventually led the bank to lose more than $7 billion? "Over time, Mr. Kerviel had increased the size of his bets - he hedged his positions on paper with falsified documents and e-mail messages - but he remained convinced that success was just around the corner. 'He bet on the return of the markets that were extremely low and he imagined that there would be a return of the markets just as large as the losses,' [a French prosecutor] said. 'There is an addiction. There is a dependency on this complicated game of betting on the markets, and there is a sort of spiral into which it's difficult to exit.'"
a. Assumption of similarity and deindividuation. b. Illusion of optimism and escalation of commitment. c. Diffusion of responsibility and Objectivism. d. Multiple ethical selves and Integrative Social Contracts Theory.
Martha is walking along a street with her son when he is hit by a passing car just as he steps off the pavement. He dies in his mother's arms, leaving her traumatized
The court hearing the case rules that Martha's son was "not responsible for the accident." Martha can sue the person who killed her son to recover damages for ________. A) tort of outrage B) breach of duty of care C) negligent infliction of emotional distress D) transfer of intent