Mary, a 68-year-old widow, hired an electrician to make some wiring repairs to her home. The

electrician accidentally started a fire that destroyed her house. Mary was not injured, but
watched her house burn along with all her possessions.

It was emotionally devastating to watch
as she lost a whole life's worth of memories. Can she recover for negligent infliction of
emotional distress?
A) Yes, because the electrician was the cause of her emotional distress through his
outrageous conduct of starting the fire
B) No, because her situation does not meet all the elements necessary to recover for negligent
infliction of emotional distress
C) No, because she assumed the risk by having someone do electrical work in her home
D) Yes, because her distress was genuine

B

Business

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On July 1, 2011, Ace Electronics issued $10 million dollars of 8%, 20-year bonds at 102. The bonds pay interest SEMIANNUALLY on December 31 and June 30. How much cash will Ace pay on December 31, 2011, the first interest payment date?

A) $800,000 B) $408,000 C) $400,000 D) $816,000

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The markup percentage for setting prices as a percentage of the full cost of the product is ________

A) 328.9% B) 36.6% C) 228.5% D) 21.3%

Business