1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
enyata [817]
3 years ago
6

Jill DesJardines experiences a broken leg when one of the wheels on her new in-line skates falls off as she is skating. The manu

facturer: a. is not liable because Jill assumed the risk of in-line skating. b. can disclaim all such liability for products such as these skates. c. is liable for a defective product. d. both a and b e. none of the above
Business
1 answer:
Anon25 [30]3 years ago
7 0

Answer:

c. is liable for a defective product.

Explanation:

The manufacturer can be held liable for a liability in a product which results into any form of injury or damage to the customer.

A defect refers to a kind of imperfection or fault in a product due to which such a product performs below par as per it's mentioned specifications.

In the given case, the customer bought in line skates and went out for skating. The wheels came off (which reflects a manufacturing defect), owing to which she fell and suffered a broken leg.

The injury is an outcome of product manufacturing defect for which the manufacturer shall be liable.

You might be interested in
What are the positive feedbacks for NEWS ANCHORS?
Alisiya [41]

Answer:

Excellent verbal, written, improvisational, and interviewing skills are imperative. Add to those qualities persistence and objectivity, physical stamina, being a team player, projecting a professional image, and having a knowledge of social media. News anchors also need to be able to think on their feet.

4 0
3 years ago
Rahul needs a loan and is speaking to several lending agencies about the interest rates they would charge and the terms they off
svp [43]

Answer:

b. 10.426%

Explanation:

Using the attached formula, convert the nominal rate to effective annual rate

<em>m</em> in the formula is the number of compounding periods per year; 12/2 = 6 in this case.

APR is the nominal rate which is 10%.

Next, plug in the numbers to the formula as shown below;

EAR = [1+\frac{0.10}{6}]^{6} -1

EAR = 1.10426-1

EAR = 0.10426 or 10.426% as a percentage

Hence choice B is correct.

3 0
3 years ago
A portfolio consists of $18,200 in Stock M and $30,900 invested in Stock N. The expected return on these stocks is 10.40 percent
Anastaziya [24]

Answer:

The correct answer is option (C).

Explanation:

According to the scenario, the given data are as follows:

Stock M = $18,200

Expected Return on Stock M = 10.40%

Stock N = $30,900

Expected return on Stock N = 14.30%

So, we can calculate the expected return on portfolio by using the following formula:

Expected return = Respective return (Stock M) × Respective weights (stock M) + Respective return (Stock N) × Respective weights (stock N)

Here, Total investment= ($18,200 + $30,900) = $49,100

So, by putting the value

Expected Return = (18200/49100 × 10.4) + (30900/49100 × 14.30)

= 12.85% (Approx).

Hence, the expected return on the portfolio is 12.85%.

8 0
3 years ago
In most high-tech industries, the fixed costs of developing a product are very _____, and the costs of producing one extra unit
topjm [15]

Answer:

Fixed costs are high, variable costs are low

Explanation:

The reason is that the fixed costs are high because these fixed costs are uncontrollable and their might not be an alternative which means we have to move with higher fixed costs. And this is because most of tasks in manufacturing are handled by the machines not humans. So the cost of maintenance, depreciation, etc are fixed costs which are uncontrollable.

Furthermore, the company has very small variable costs because the company enjoys economies of scales, fast paced manufacturing machines, etc. And this is controllable by investments in another more robust machinery.

7 0
3 years ago
The following items are taken from the financial statements of Cullumber Company for 2022:
Doss [256]

Answer:

                                          Cullumber Company

                                          Balance Sheet

                                          As at 2022

Explanation:                      Amount in $

Current Assets

Accounts Receivable           12,500

Cash                                      13,000

Prepaid Insurance                  6,600

Supplies                                  4,600

Total Current Assets            36,700

Non-Current Assets

Equipment (225,000-36,900)  188,100

Total Assets                            <u>  </u><u>224,800</u>

Liabilities & Shareholders' Equity

Current Liabilities

Accounts Payable                10,600

Notes Payable                      65,000

Salaries Payable                      3,900

Total Current Liabilities           79,500

Equity

Common Stocks                      97,000

Retained Earnings (25,900+133,000-21,400-13,600-2,600-16,800-33,500-6,700)                                          64,300  

Dividends                                   (16,000)

 Total Equity                              145,300

Total Liabilities & shareholders' equity    <u>224,800</u>  

4 0
4 years ago
Other questions:
  • A financial company advertises on television that they will pay you $60,000 now in exchange for annual payments of $8,000 that y
    14·1 answer
  • To facilitate integrative bargaining and avoid distributive negotiation, managers should:__________
    10·1 answer
  • Marigold Corp.’s high and low level of activity last year was 57000 units of product produced in May and 11000 units produced in
    15·1 answer
  • Describe a variable cost. Describe a fixed cost. Explain why the distinction between variable and fixed costs is important in co
    9·1 answer
  • Exhibit 9-1 Refer to Exhibit 9-1. If the economy is self-regulating, the price level is:_________.
    11·1 answer
  • Hshshhddhhshshshdvvfb
    5·2 answers
  • The Federal Reserve helps protect people who borrow money to pay an expense by
    13·1 answer
  • What are the penalties for lenders violating The truth lending act
    8·1 answer
  • The total return on a stock is equal to the: Group of answer choices dividend divided by the sum of the dividend yield and capit
    9·1 answer
  • Federal spending that is authorized by permanent laws and does not go through the annual appropriation process is called _____ s
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!