CHAPTER $10595$ MINI$-$CASE RISKY BUSINESS Vicky Volare fell in love with motor scooters on her vacation trip to Aruba. "They te a blast" Vicky said. They are convenient, safe, inexpensive, and fun to ride." Now she is planning to buy $30$ Vespa Scooters to provide scooter rental in Vall $,$ Colorado. Vichy wil need four employees, in addition to her own services. She has completed a business plan, except for determining what types and amounts of insurance coverage she should have. As soon as she completes the insurance planning, she can complete the financial section of her business plan. Vicky wil invest

$230,000$

$50\mathrm{.}000$ is a personal note to her from her bank. She hopes to start her business within $90$ days to catch the beginning of the summer. our om CASE DISCUSSION QUESTIONS $1$ What financial risks is Vicky assuming? $2.$ What are the risks that are specific to renting motor scooters? $3.$ What are the risks specific to motor scooters as physical assets? $4.$ What risks will Vicky face because she is hiring four people? $5.$ What regulatory risks will Vicky face in operating a vehicle rental service in the state of Colorado? $6.$ What insurance coverage will Colorado require Vicky to have? $7.$ What insurance must Vicky have for her employees? $8.$ How should Vicky structure her business to minimize the potential loss she can suffer if a your le customer or bystander is injured or killed by one of her scooters? Ty