Risk Managment

Written Responses:

• Unless otherwise indicated, there is a 250 word minimum response required.
• Credible reference materials, including your course textbook(s), may be used to complete the assessment. 
  • If you have questions regarding the credibility of your reference, please contact your professor.
• APA Information
  • In-text and reference citations are required for all written responses. 
  • REQUIRED FOR UPLOADED ASSIGNMENTS ONLY:    title page, margins, header, double spacing, and hanging indentation
  • For questions concerning APA formatting, please refer to the APA Guidelines found at the Student Resources link on your Course Menu.

Please do not copy and paste off the internet and list question and answer together.

1. Peter Bubba is driving home from a bar when he runs off the road and hits a telephone pole. These are the losses he suffers: $4,500 to repair the damage to his car; $2,500 damage to the telephone pole and lines; $550 for doctor and medicine costs; and, $300 to rent a car while his car is being repaired. What is the correct name for each of these losses? What is the difference between them? Please give examples of each.

2. Assume a person is severely injured by electricity while trying to remove a kite from the power line after having climbed a power pole without the utility’s permission. The injured party sues the power company. What are good defenses from the standpoint of the power company? What are the requirements for a plaintiff to prove negligence against a defendant?