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3 years ago

The application of strict liability to product defects is primarily based in federal statute.

Business

2 answers:

love history [14]3 years ago

7 0

A because i tried. b and it was wrong.

Drupady [299]3 years ago

4 0

<span>false
In the United States, the cases most regularly connected with liability as it relates to product are carelessness, strict obligation, rupture of guarantee, and different buyer insurance claims. The lion's share of item risk laws are resolved at the state level and shift generally from state to state.</span>

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2. If the government decided to subsidize the production of a good, the result would be a decrease in the equilibrium price and

kogti [31]

Answer: True

Explanation:

The subsidy will increase the supply of the good, and therefore the supply curve will shift to the right. Then its intersection with the demand curve will be located at a lower price and with a larger quantity.

5 0

3 years ago

Select examples of public goods provided to everyone by the government

bogdanovich [222]

A) protecting the country and D) public schools im sure this is the answer

3 0

4 years ago

Read 2 more answers

Fashion house uses the retail method to estimate ending inventory in his monthly financial statements the following information

IgorC [24]

If we used the retail method to estimate the ending inventory first we get the given of the problem that can be used in solving.
Given
Sales - 200,000
Goods available for sale - 261,000 (cost) & 450,000 (retail)

First, we need to get the cost of retail ratio. the formula is
Cost to Retail ratio= Cost/ Retail
261,000
CRR= ------------- = 0.58
450,000

Next is to get the ending inventory by following this steps
Cost Retail
Cost of Goods Available for Sale $261,000 $450,000
- Sales $200,000
------------------
Ending Inventory $250,000
x Cost to Retail Ratio .58
------------------
Ending Inventory $145,000

So, the estimated ending inventory for the month of July is $145,000.

4 0

4 years ago

Ronald suffers from dementia that impacts his brain function, but he also has healthy periods of time when his mind is fully fun

vova2212 [387]

Answer:

2. False

Explanation:

Capacity to a contract refers to whether the person to a contract is legally competent to enter into such a contract.

For instance, lunatics, drunkards, minors, criminals and person of unsound mind are deemed incapable of entering into a contract.

A person diagnosed with dementia, which impairs his decision making would normally be regarded as incapable to signing a contract.

But, capacity is ascertained as per the situation i.e at the time the contract is signed or entered into.

In the given case, Ronald entered a contract while he was sane and in healthy state of mind. His judgement at the time of entering such a contract wasn't impaired by dementia.

Thus, the contract will be legally enforceable as per the law.

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3 years ago

Felipe's uncle owns a large manufacturing business with offices in three states. This type of business would BEST be described a

lesya692 [45]

The type of business that the uncle is said to have would be described as an entrepreneurial business.

<h3>What is an entrepreneurship?</h3>

This is used to refer to the business that is owned by a single person. This person is called the entrepreneur who gets to enjoy either the profit or the loss that may occur in the business that he is operating.

The question says that the uncle has a chain of these businesses across three states, we can say that the uncle is an entrepreneur.

Read more on entrepreneurship here: brainly.com/question/353543

#SPJ1

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2 years ago