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Vlad1618 [11]
3 years ago
9

A construction worker was working at the construction site of a new building. An open elevator, which had been installed in the

building by the elevator manufacturer, was used to haul workers and building materials between floors. While the worker was riding the elevator, it stalled between floors due to a manufacturing defect in the elevator. The worker called for assistance and was in no danger, but after waiting 15 minutes for help, he became anxious and jumped 12 feet to get out. He severely injured his back when he landed.
In an action by the worker against the elevator manufacturer to recover for his back injury, is the worker likely to obtain a judgment for 100% of his damages?
Business
1 answer:
Lostsunrise [7]3 years ago
3 0

Answer:

No, because the worker was not in danger while on the stalled elevator.

Explanation:

Product liability is defined as the liability that the producer of a good bears for putting a defective or dangerous product in the hands of the consumer.

For any injury done to the consumer, the producer is liable.

However in this scenario when the elevator stalled he was in no danger, but after waiting 15 minutes for help, he became anxious and jumped 12 feet to get out. He severely injured his back when he landed.

The injury was not as a result of product defect. So the worker is not likely to obtain a judgment for 100% of his damages.

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In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decr
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In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as <u>consumption </u>when purchased by households and <u>investment</u> when purchased by businesses.

Gross domestic product (GDP) is the overall monetary or market value of all of the goods and services produced within a country's borders in a particular time period.

GDP can be calculated by adding up all of the money spent by consumers, businesses, and the government in a given period. It may also be calculated by adding up all of the money received by all the participants in the economy.

learn more about Gross domestic product (GDP) here

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3 0
2 years ago
The three major types of firms in the united states are called
Nina [5.8K]
The three major types are;
1. Partnerships
2. Corporations
3. Sole proprietorship

5 0
3 years ago
Net working capital decreases when: A. a dividend is paid to current shareholders. B. a new 3-year loan is obtained with the pro
dsp73

Answer:

A. Dividend is paid to current shareholders.

Explanation:

This is simply said to be the aggregate amount of all current asset and also all current liability of an investment. It is used in measuring the short term liability of a business by subtracting the current liability from the current asset.

In some cases, it can be tagged a company’s current assets, such as cash, accounts receivable, inventories of goods etc. Many companies sum their's by calculating cash plus accounts receivable plus inventories, less accounts payable and less accrued expenses. This is why it is seen to decrease when dividend is paid to current shareholders.

5 0
3 years ago
Hong le buys a car costing $14,000. he agrees to make payments at the end of each monthly period for 4 years. he pays 7% interes
DerKrebs [107]
Use the formula of the present value of an annuity ordinary to find the monthly payment
The formula is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 14000
PMT monthly payment?
R interest rate 0.07
K compounded monthly 12
N time 4years
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=14,000÷((1−(1+0.07÷12)^(
−12×4))÷(0.07÷12))
=335.25

Total payments
335.25×12 months×4years
=16,092

Total amountof interest
16,092−14,000
=2,092

Hope it helps!
3 0
3 years ago
Someone claiming to be an employee of the employer for whom Bernie works has been handing out flyers denigrating the employer at
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Answer:

1 if employer is the federal government

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Explanation:

Under the 4th amendment, Bernie can file an action against his employer if the employer is a state or local government and also if his employer is a federal government. Bernie can do this because the 4th amendment only applies to government employers and not private employers.

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3 years ago
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