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Aneli [31]
3 years ago
14

Forest & Field Company makes and leases a backhoe to Zac. Due to a defect attributable to Forest & Field's negligence, Z

ac is injured in an accident in which his neighbor Aaron is also hurt.
In a product liability suit based on negligence, Forest & Field may be liable to:

A) Aaron only.
B) no one.
C) Zac and Aaron.
D) Zac only.
Business
2 answers:
Margaret [11]3 years ago
6 0

Answer:

Zac and Aaron ( C )

Explanation:

product liability is the liability been incurred by a manufacturer/producer or trader for either producing or selling a faulty product to a consumer. the liability covers every injury or accident that the consumer(s) of the product purchased from the trader or produced by the manufacturer causes.

The damages can also include economic or financial loss. the product liability law enables the consumer of such product to seek a legal recourse against the manufacturer or trader in which the manufacturer is meant to pay for damages caused for defective products. Aaron could be working with Zac who purchased the defective backhoe, hence the company would be responsible for both Zac and Aaron because the accident that led to injuries on both Zac and Aaron was caused by the defective backhoe

Serhud [2]3 years ago
5 0

Answer:

C) Zac and Aaron.

Explanation:

Product liability is defined as the liability that is borne by the manufacturer of a product for putting defective product in the hands of the consumer. The manufacturer will be liable for any harm that occurs as a result of use of the product.

In this instance due to a defect attributable to Forest & Field's negligence, Zac is injured in an accident in which his neighbor Aaron is also hurt.

The company is liable to Zac who bought the backhoe and also to Aaron although he did not have direct dealing with Forest & Fields.

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Last year, Cool Lope, Inc. had an inventory turnover rate of 6.8. This year, the turnover rate is 7.1. Based on this information
AnnyKZ [126]

Answer:

The answer is D.

Explanation:

Inventory turnover is a measure of the number of times inventory is sold in a given period of time period such as in a quarter or in a year.

The formula is Cost of goods sold ÷ the average inventory.

Higher inventory is better than lower inventory because the higher the inventory turnover, the better a business is selling goods(inventories) very quickly and that demand for their product exists. While low inventory turnover depicts weaker sales and declining demand for a company's products

8 0
3 years ago
Beta LLC has decided to change its promotion and pay policies for technical people who do not wish to become managers. This will
daser333 [38]

According to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is <u>recognizing the need for change</u>.

<h3>What are the steps of the change process?</h3>

The change process involves the following steps:

  1. Diagnosing the problem
  2. Assessing the motivation or need and capacity for change
  3. Assessing the resources and motivation of the change agent
  4. Establishing change objectives and strategies
  5. Determining the role of the change agent
  6. Implementing the changes.

Thus, according to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is <u>recognizing the need for change</u>.

Learn more about the steps of the change process at brainly.com/question/5689601

3 0
2 years ago
A buyer has a 30-year, $400,000 loan with a 7% interest rate. How much of the first month's mortgage payment is interest
Juli2301 [7.4K]

The portion of the first month's mortgage payment meant for interest is $2,333.33

What is a mortgage?

Mortgage is a loan taken to acquire property which requires periodic interest payment such as monthly , semiannually or even annually.

First month interest=loan amount*annual interest rate/12

First month interest=$400,000*7%/12

First month interest=$2,333.33

Find further explanation on mortgage interest below:

brainly.com/question/1115815

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4 0
2 years ago
Read 2 more answers
M Company manufactures tables. At the beginning of December, the beginning work in process inventory was 300 units, which were 4
katrin2010 [14]

Answer: Equivalent units for conversion = 4870 units

Explanation:

Given that,

Beginning work in process inventory = 300 units

Beginning work in process inventory for conversion = 40% of 300 units

                                                                                       = 120 units

5,000 units were started in December.

Ending work in process = 500 units

Ending work in process inventory for conversion = 50% of 500 units

                                                                                  = 250 units

Units started and completed = 5000 - 500

                                                = 4500 units

Equivalent units for conversion = 4870 units

6 0
3 years ago
What is the failure rate for a franchise?
monitta
Approximately 5% of franchises fail because survey's show about 95% success rate still in business.
6 0
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