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Drupady [299]
4 years ago
7

River rock company makes spas and hot tubs. sterling files a product liability suit against river rock, alleging a warning defec

t in one of its products. in deciding whether to hold the defendant liable, the court may take note that a manufacturer or seller has no duty to warn about risks that are
Business
2 answers:
tatiyna4 years ago
7 0

In deciding whether the defendant should be liable, the court should take note that the manufacturer or seller should have no duty to warn about the risk in which are likely contrary to the instruction in regards with the use of the product in which by this, they are to be held liable.

lana66690 [7]4 years ago
6 0
The court may take note that a manufacturer or seller has no duty to warn about risks that are contrary to the instructions for the use of the product in order to deciding whether to hold the defendant liable. This is part of the product liability, which is an <span>area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. </span>

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The majority of problems Best Buy was facing have been brought about by _________________force.
weeeeeb [17]

Answer:

external force

Explanation:

The majority of the problems best buy is facing have been brought about by external forces. This includes competition from rivals such as Amazon and Walmart. This makes the company loose it's shares in the market and the company's stock loosing it's value.

3 0
3 years ago
Fosters Manufacturing Co. warrants its products for one year. The estimated product warranty is 2% of sales. Assume that sales w
motikmotik

Answer: Please see answer in explanation column

Explanation:

a)Account titles and explanation                  Debit                         Credit

Warranty Expense                                       $30,000

Warranty Payable                                                                           $30,000    

Calculation :

2 % x $1,500,000 =$30,000

b) Account titles and explanation                  Debit                         Credit

Warranty Provision                                           $445

Materials                                                                                             $325

Salaries Payable                                                                                  $120

7 0
3 years ago
Look at the picture, which one is the correct answer?
patriot [66]
Probably production function
6 0
3 years ago
Read 2 more answers
As part of the initial investment, Ray Blake contributes equipment that had originally cost $125,000 and on which accumulated de
pishuonlain [190]

Answer:

C

Explanation:

In this question, we are asked what amount will be debited to the equipment account in a partner business.

Firstly, from the question we understand that this is a partner business. And it basically involves the ownership of a business by two or more persons.

There is a way we record an asset in a partnership business. If a partner contributes an asset to the business, the correct way of recording this is that the amount is recorded at a price that has been agreed upon by the partners after evaluation.

Now, in the case of this question, we can deduce that the partners have agreed that $29,000 is the valuation of the contributed equipment. Hence $29,000 should be debited in the equipment account.

7 0
3 years ago
Read 2 more answers
An operating lease has unequal payments over the lease term. During the first year, the payment is $14,000; total payments over
Angelina_Jolie [31]

Answer: $8000

Explanation:

Amortization refers to the practice whereby the cost of an intangible asset is spread over the useful life of the asset. Amortization is used to lower the book value of an intangible asset or loan over a particular period of time.

Based on the information given in the question, the amortization of the right-to-use asset for year 1 should be:

= Installment - Interest

= $14000 - $6000

= $8000

4 0
3 years ago
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