Pro-Honda owns a fleet of Honda motorcycles. It leases these motorcycles out to customers in terms...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Pro-Honda owns a fleet of Honda motorcycles. It leases these motorcycles out to customers in terms of a long-term lease. A long-term lease is a lease, which exceeds twelve months. Pro-Honda also repairs and services the motor cycles. One day a motor cycle is brought in for repairs and the employees of Pry-Honda do not tighten the nuts on the front wheel after the repairs are completed. The next day, one of the employees of the customer is seriously injured when the wheel comes off while he is driving the motorcycle. The injured driver sues Pro- Honda a) Explain whether or not Pro-Honda's workers compensation (COIDA) would respond. Provide a detailed justification for your answer. [15 marks] b) Explain whether or not the Road Accident Fund (RAF) would respond. Provide a detailed justification for your answer. [15 marks]. c) Explain whether or not Pro-Honda's Employer's Liability policy would respond. Provide a detailed justification for your answer. [10 marks] d) Explain whether or not Pro-Honda's General Liability policy would respond. Provide a detailed justification for your answer. [10 marks] Pro-Honda owns a fleet of Honda motorcycles. It leases these motorcycles out to customers in terms of a long-term lease. A long-term lease is a lease, which exceeds twelve months. Pro-Honda also repairs and services the motor cycles. One day a motor cycle is brought in for repairs and the employees of Pry-Honda do not tighten the nuts on the front wheel after the repairs are completed. The next day, one of the employees of the customer is seriously injured when the wheel comes off while he is driving the motorcycle. The injured driver sues Pro- Honda a) Explain whether or not Pro-Honda's workers compensation (COIDA) would respond. Provide a detailed justification for your answer. [15 marks] b) Explain whether or not the Road Accident Fund (RAF) would respond. Provide a detailed justification for your answer. [15 marks]. c) Explain whether or not Pro-Honda's Employer's Liability policy would respond. Provide a detailed justification for your answer. [10 marks] d) Explain whether or not Pro-Honda's General Liability policy would respond. Provide a detailed justification for your answer. [10 marks]
Expert Answer:
Answer rating: 100% (QA)
a ProHondas Workers Compensation COIDA Response Yes the COIDA Compensation for Occupational Injuries and Diseases Act would likely respond Justificati... View the full answer
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date:
Students also viewed these finance questions
-
As future counseling and human services managers, you will encounter gaps between how you understand and integrate social justice within your work. Specific barriers can include but not limited to...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
You are the manager of Fun World, a small amusement park. The accompanying diagram shows the demand curve of a typical customer at Fun World. a. Suppose that the price of each ride is $5. At that...
-
Show that the radius r of the moon's orbit can be determined from the radius R of the earth, the acceleration of gravity g at the surface of the earth, and the time ( required for the moon to...
-
What are the four content motivation theories?
-
Consider the following independent situations: 1. An international health club sells lifetime memberships costing \($1,500\) which allow the purchaser unlimited use of any of the clubs 300 facilities...
-
In April 2010, the PCAOB issued a disciplinary order instituting disciplinary proceedings, making findings, and imposing sanctions in the case of Robert T. Taylor, CPA (both the firm and the...
-
You are evaluating purchasing the rights to a project that will generate after tax expected cash flows of $96k at the end of each of the next five years, plus an additional $1,000k at the end of the...
-
The Bellow Trust has the following activities during Year 2. Dividend Income $100,000 Tax-Exempt Interest Income $15,000 Recognized Long-Term Capital Gain, allocated by trust agreement to income...
-
On December 20, 2020, Momeier Company (a U.S.-based company) sold parts to a foreign customer at a price of 55,000 rials. Payment is received on January 10, 2021. Currency exchange rates are as...
-
Lily graduated from UCSD in 2015. Right now she has an excellent job with a take-home income (after taxes) of $5,000 a month. The following is her financial situation: 1. She is single and shares an...
-
On January 1, 2025, Paxton Planning Services issued $56,000 of 2% bonds that mature in five years. They were issued at face value. The bonds pay annual interest payments on December 31 of each year...
-
Visual Cable TV Company, an accrual basis taxpayer, allows its customers to pay by the year in advance ($350 per year), or two years in advance ($680). In September 2023, the company collected the...
-
A nation is deciding whether to license mining rights to a foreign entity. If the mining rights are licensed, the nation will be giving up access to some of its most important natural resources. On...
-
1. Purchase investment in bonds for $96,000. 2. Sell land costing $21,000 for only $13,900, resulting in a $7,100 loss on sale of land. 3. Purchase $51,000 in equipment by issuing a $51,000 long-term...
-
Under current law, Americans pay 6.2% of their salary into their Social Security account, and their employer also contributes an amount equal to 6.2% of the salary to the employee's Social Security...
-
Planning: Creating an Audience Profile; Collaboration: Team Projects. Compare the Facebook pages of three companies in the same industry. Analyze the content on all available tabs. What can you...
-
Whether an industrial enterprise in the United States is highly successful is often gauged by its membership in what has come to be known as the Fortune 500. Having attained this measure of financial...
-
Trans-Aire International, Inc. (TAI) converts ordinary automotive vans into recreational vehicles. TAI had been installing carpet and ceiling fabrics in the converted vans with an adhesive made by...
-
Thornton fraudulently represented to Daye that he would obtain for her a new car to be used in Dayes business for $17,800 from Pennek Motor Company. Daye thereupon executed her personal check for...
-
What does an increase in the balance of accounts receivable indicate?
-
How are the cash flows resulting from a company's investing activities identified?
-
What is the starting point for calculating the cash flow from operating activities?
Study smarter with the SolutionInn App