Under one doctrine, a person who understands the danger inherent in an activity cannot recover damages in the event of injury from the activity. This doctrine is called the
A) contributory negligence doctrine.
B) assumption of risk doctrine.
C) comparative negligence doctrine.
D) fellow servant doctrine.
Answer: B
Business
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a. Limited decision making b. Routine response behavior c. Extensive decision making d. Postpurchase evaluation
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You have agreed to a $50,000 fixed-rate loan from First National Bank today and promise to repay the loan with 36 equal monthly payments at an APR of 6.50%. What is the EAR of this loan?
A) 6.50% B) 6.70% C) 6.90% D) 7.10%
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