a.  A spark from the fireplace in the living room caused the carpet to start      on fire. The living room furniture was destroyed by the fire.                        Covered        Not Covered   b.  An earthquake damaged the foundation of Joan's home.                             Covered        Not Covered    c.  A windstorm destroyed Joan's tool shed what was located in Joan's        back yard.                                                                                            Covered        Not Covered       d.  Joan stored some old furniture and books in the attic of the home. The      weight of the furniture and books caused the floor of the attic to collapse       Covered        Not Covered      into a second-story bedroom located below the attic.                       e.  Joan put herbicide (weed killer) on her lawn. When she applied the her-       bicide, there was wind blowing. The herbicide damaged her neighbor's       Covered        Not Covered       prize-winning rose garden. The neighbor is suing Joan for $10,000.           f.  Mildred, the nanny, fixed breakfast for Liam at Joan's home.  While      washing dishes after breakfast, a glass broke in her hand causing a bad      cut. Mildred required medical attention at an emergency room. The            Covered       Not Covered      cost of her care was $425.                                       g.  Joan is a certified public accountant (CPA). She is a partner at her ac-       counting firm. Joan gave incorrect tax advice to one of her clients. The       Covered       Not Covered       client sued Joan and was awarded a $25,000 judgment.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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a.  A spark from the fireplace in the living room caused the carpet to start

     on fire. The living room furniture was destroyed by the fire.                        Covered        Not Covered

 

b.  An earthquake damaged the foundation of Joan's home.                             Covered        Not Covered 

 

c.  A windstorm destroyed Joan's tool shed what was located in Joan's

       back yard.                                                                                            Covered        Not Covered

 

 

 

d.  Joan stored some old furniture and books in the attic of the home. The

     weight of the furniture and books caused the floor of the attic to collapse       Covered        Not Covered

     into a second-story bedroom located below the attic.                    

 

e.  Joan put herbicide (weed killer) on her lawn. When she applied the her-

      bicide, there was wind blowing. The herbicide damaged her neighbor's       Covered        Not Covered

      prize-winning rose garden. The neighbor is suing Joan for $10,000.        

 

f.  Mildred, the nanny, fixed breakfast for Liam at Joan's home.  While

     washing dishes after breakfast, a glass broke in her hand causing a bad

     cut. Mildred required medical attention at an emergency room. The            Covered       Not Covered

     cost of her care was $425.                                    

 

g.  Joan is a certified public accountant (CPA). She is a partner at her ac-

      counting firm. Joan gave incorrect tax advice to one of her clients. The       Covered       Not Covered

      client sued Joan and was awarded a $25,000 judgment.             

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