hand rail on the stairs. Could the property owner E Yes, because a fall due to a faulty handrail was assumed in the contract. No, because Brynn fell on her own.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
icon
Concept explainers
Question
Brynn decides to go on a zip line adventure. She signs a contract before she begins
to go on the zip line, which says that she assumes the risks of accident or injury.
While walking up the steps to grab the zip line, Brynn falls down due to a broken
hand rail on the stairs. Could the property owner be held responsible?
Yes, because a fall due to a faulty handrail was not the type of risk Brynn had
assumed in the contract.
No, because Brynn fell on her own.
O No, because of Brynn's implied assumption of the risk.
No, because of Brynn's express assumption of the risk.
Yes, because she had not yet started zip lining but after she actually grabbed the
line, the company would no longer be held responsible.
Transcribed Image Text:Brynn decides to go on a zip line adventure. She signs a contract before she begins to go on the zip line, which says that she assumes the risks of accident or injury. While walking up the steps to grab the zip line, Brynn falls down due to a broken hand rail on the stairs. Could the property owner be held responsible? Yes, because a fall due to a faulty handrail was not the type of risk Brynn had assumed in the contract. No, because Brynn fell on her own. O No, because of Brynn's implied assumption of the risk. No, because of Brynn's express assumption of the risk. Yes, because she had not yet started zip lining but after she actually grabbed the line, the company would no longer be held responsible.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Property Insurance
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education