Answer:
Option B. He will win
Explanation:
If Samuel is desiring to sue his employer in a circuit court because he thinks that the employer was negligent then he will have to sue under negligence Act, which says that the employer is obliged to take all necessary precautions and if found negligent then the court may apply contributory negligent theory as well as comparative negligent theory. These two negligent theories means that the employer was partly responsible for injury, which means that this would result in compensation to Samuel.
Hence it is more likely that Samuel will win the case.
Answer:
III) Equity investors would like the firm to shift toward riskier lines of business.
Explanation:
Financial distress refers to the situation at which the organization not able to generate the profit as it is not able to meet or pay the financial debts. This occurs when the fixed cost is high, liquid assets leads to be sensitive in nature which results in downturns of an economic system
Hence, the third option is correct as the firm would shift to the riskier business lines
Answer:
A net loss is when expenses exceed the income or total revenue produced for a given period of time. It is sometimes called a net operating loss (NOL). Businesses that have a net loss don't necessarily go bankrupt because they may opt to use their retained earnings or loans to stay afloat.
