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UIUC FIN 431 - Finance 431 Class Project

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Finance 431Class Project #14Names:________________________ ________________________Custom Videos is a small company that creates specialized video tapes forcustomers, generally of children or special events. The company is a soleproprietorship, owned by Kate Janeway. She rents an office in LincolnSquare Mall, where she keeps much of her video equipment. She has asecretary, Chakotay, who works in the office days (9 am to 5 pm) and anassistant, Tom Paris, who is in the office some weekday evenings and onSaturdays. The company films the videos either in the office area, at thehome of the client or at the location of the event the client wants filmed.Kate does some of the filming and hires several other photographers to filmevents for her. Kate, Chakotay and Tom all use the company videoequipment to edit the videos to generate the final product for customers.For each of the following situations, indicate if the injured person is entitledto collect anything under Custom Videos' Workers Compensation policy.1. Chakotay is injured one day at work when an unhappy customerpushes him down, breaking his wrist. He undergoes surgery for this.______________________________________2. Kate slips off a ladder filming a wedding and breaks her ankle. Sherequires surgery._______________________________________3. Tom comes into the office one Sunday to make a video for a friend(who is not a customer). While in the office, he sprains his backreaching to connect a cable. He requires therapy to ease the pain.________________________________________4. Chakotay is injured in an auto accident while driving to work. He ishospitalized and misses several days of work._________________________________________5. Tom's nose is broken when he slips in the parking lot on his way intothe office. He requires surgery.__________________________________________ 6. Tom suffers a nervous breakdown after being repeatedly sexuallyharassed by Kate at work, and requires several psychiatric counselingsessions to recover.___________________________________________7. Kate hires Jimmy Kirk to film a scuba diving lesson in the Bahamas for a client. Since Custom Video does not have an underwater video camera, Jimmy uses his own equipment. While filming, Jimmy is attacked by a stingray and injured. He has to be treated by a doctor.___________________________________________8. Tom pinches Chakotay very hard one day at work during an argument over editing a tape. Although Chakotay does not miss work or have any medical bills, he does experience pain and suffering and humiliation from the temporary (3 days) disfigurement caused by the pinch. ___________________________________________9. Kate hires Spock to film a birthday party for a customer, and provides him with a video camera. Spock is injured when a guest at the party accidentally knocks him down. He requires medical care for this injury.___________________________________________10. Tom is injured in an auto accident while delivering a tape to a customer. He requires medical care for this


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