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miv72 [106K]
3 years ago
11

Before the case of Macpherson v Buick Motor Car in 1916, the law based liability for injuries due to a defective product on:____

.
A. The principle of striet liability.
B. Whether the manufacturer exercised due care.
C. The doctrine of the reasonable person.
D. The direct contractual relationship between the seller and the consumer.
Business
1 answer:
valina [46]3 years ago
7 0

Answer:

A. The principle of strict liability.

Explanation:

The MacPherson v. Buick Motor Car case in 1916 changed the way product liability would be considered in the US. Strict product liability doctrine states that a manufacturer can be sued not only as a result of their negligent acts, but also for selling defective products. Before that case, privity of contract was required in order for someone to sue a manufacturer, this means that both parties had to engage in a contract. But this case resulted in consumers being able to sue manufacturers even if they did not engage in a contract directly with them. Actually, how many of us buy things directly from a manufacturer? We generally buy goods from retailers, and that is the reason why this case was so important.

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topjm [15]

Answer:

B. variable overhead efficiency variance

Explanation:

Answer option A, C, and D are incorrect. In variable overhead cost variance, we determine the difference between the actual and budgeted cost. In fixed overhead cost variance, we do not use allocation base cost. Again, in fixed overhead volume variance, we cannot use allocation base cost.

'B' is correct because the difference between the actual allocation base quantity and budgeted allocation base quantity multiplying with the standard rate states the variable overhead efficiency variance. The activity level is required to determine efficiency variance.

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Explanation:

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Furkat [3]

Answer:

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Explanation:

As we know that in the case of perfect competitive market there is a big number of sellers and buyers who sells same kind of product, there is no entry and exit barriers also the firm is a price taker

In addition to this, the market price and output would be measured by the supply and demand force. The profit maximizing output for every firm would considered the market price with the prescribed output and at the time when firm is shutdown so the market price would below the average variable cost

So the option b is incorrect

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3 years ago
By definition, empirical probability is equal to:
lidiya [134]

By definition, empirical probability is equal to C. Number of successful trials/Total number of trials.

<h3>What is an empirical probability?</h3>

It should be noted that empirical probability simply means a experimental probability that is based on historical data.

In this case, by definition, empirical probability is equal to the number of successful trials divided by the total number of trials.

Learn more about empirical probability on:

brainly.com/question/16972278

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The agricultural worker that cuts down trees with chain-saws is a lumberjack.

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