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sukhopar [10]
3 years ago
13

Under state law, a manufacturer must design a dangerous product so as to avoid harm to people who are using the product as inten

ded or in an unintended but foreseeable way. Bennett, a six-year-old, placed a Bic cigarette lighter under his shirt and lit the lighter. His shirt caught on fire, causing him severe burns. His mother sued Bic, contending it was liable because the lighter was a dangerous product and Bennett's use of the lighter was unintended but foreseeable. The court is most likely to find that Bic wasa. not liable, because lighters cannot be designed so that children cannot use them.
b. liable, because it was foreseeable that a child would have access to and try to use a lighter.
c. liable, because all lighters are dangerous.
d. not liable, because children should never have access to lighters.
Business
1 answer:
kumpel [21]3 years ago
6 0

Answer:

b. liable, because it was foreseeable that a child would have access to and try to use a lighter.

Explanation:

BIC must foresee that any child may access the lighter, so they should put some warning on product so that the adults will notice to put lighters away reach of children.

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Suppose that there are 50 firms in a monopolistically competitive industry in country A and 50 firms in the same monopolisticall
blondinia [14]

Answer:

The total number of firms in this industry will decrease in the long run because  increased competition will mean lower profit margins which will lead to some firms earning sub normal profits which will force them to leave the industry.

Explanation:

3 0
3 years ago
Mercy Hospital is considering a project that is expected to reduce the hospital's annual operating costs by $250,000 per year be
gizmo_the_mogwai [7]

Answer:

$650,000

Explanation:

The computation of the expected net cash flow for the year 1 is shown below:

= Annual operating cost reduced + expected revenue generated per year in the year 1

= $250,000 + $400,000

= $650,000

By adding the annual operating cost, and the expected revenue generated we get the project expected net cash flow for the year 1

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4 years ago
Gary Stevens and Mary James are production managers in the Consumer Electronics Division of General Electronics Company, which h
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The Consumer Electronics Division of General Electronics Company, which has a number of dozen factories all over the world, is run by production managers Gary Stevens and Mary James. Gary is in charge of the facility in EI Segundo, California, while Mary is in charge of the one in Des Moines, Iowa. If the entire division reaches or surpasses its yearly profit objective, production managers will get a bonus equivalent to 5% of their basic pay. The bonus is decided in March, following the completion and distribution to investors of the company's annual report.

Percentage Completion

The percentage of completion method involves the ongoing recognition of revenue and income related to longer-term projects. By doing so, the seller can recognize some gain or loss related to a project in every accounting period in which the project continues to be active.

PER UNIT COST      187.50

FINAL PROCESS COMPLETION PERCENTAGE         40%

FINAL PROCESS COMPLETION 204,000

COGS  289

TOTAL COGS  57,899,510

NET PROFIT   100,490

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7 0
2 years ago
Briefly define the concepts of management and leadership and explain at least two differences between them
blondinia [14]

Answer:

Leadership is the potentiality to influence behaviour , primarily towards group encouragement towards short term goal realisation & also motivating them them to achieve long term visions.

Management is the letting work done by strategisation, organisation & coordination of people & activities to achieve defined objectives.

Differences between Management & Leadership:

Leadership includes establishing strategic decision & refining vision . Management includes planning & budgeting , developing processes & setting timelines.

Management as in idea has more essence of focusing on objectives, tends to mitigate risks. Leadership as an idea is based on vision & relationship enhancement , taking risky decisions for it .

Managers plan, allocate & synchronize individual efforts in line of objectives. Leaders motivate, encourage & energise individuals in line of the vision.

3 0
3 years ago
Low-income students are less likely to benefit from parental involvement because?
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The working class is more committed to their jobs and less likely to Low-income students are less likely to benefit from parental involvement. The simple solution is to submit to American authority: A person who falls within the definition of a "low-income individual".

Is one whose family's taxable income for the prior year did not exceed 150 percent of the federal poverty line. That comes to about $19,000 in the United States (Hawaii and Alaska have a somewhat higher value). If involvement of a household's income is less than 60% of the median income in the UK, it is considered to be low income.

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7 0
2 years ago
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