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Negligence: Lola is the owner of a Marina at Catalina Island. Lola allows yacht owners to...

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General Management

Negligence: Lola is the owner of a Marina at Catalina Island.Lola allows yacht owners to dock their boats in her Marina for adaily rental fee. Lola hired Frank to take care of the Marina andits dock Monday through Friday. If Frank is not present, theprobability that a yacht will break loose from the dock and causedamage to other boats is 10%. If Frank is present, then theprobability of a yacht breaking loose and causing damage is reducedto 5%. However, in order to realize the reduction in theprobability of an accident occurring, Lola must induce Frank togive up his weekends by offering him a higher salary. SupposeFrank’s higher salary will cost Lola $5,000 more. Further supposethat if a yacht breaks loose it will result in an estimated$200,000 in damages.

If Lola does not hire Frank to work on the weekend, is shenegligent?

What if Lola is forced to incur a $15,000 salary increase toinduce Frank to work on weekends, is she negligent if she does nothire Frank on the weekends?

Answer & Explanation Solved by verified expert
4.2 Ratings (843 Votes)
Case 1 If Frank is hired and made to work on weekends the probability of accident occurring is 5 Therefore calculating the    See Answer
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