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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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Which of these are functions of an entrepreneur?
lorasvet [3.4K]

Answer:

both

Explanation:

an entrepreneur primarily does the first, but the second is true because taxes are collected on materials which are sold.

3 0
3 years ago
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Gulph Company reported the following results for May: sales $200,000, variable costs $120,000 and fixed costs $60,000. What amou
jeka57 [31]

Answer:

Break-even point (dollars)= $275,000

Explanation:

Giving the following information:

sales $200,000

variable costs $120,000

fixed costs $60,000

desired profit= $50,000

<u>To calculate the sales required to achieve the desired profit, we need to use the break-even point in dollars formula:</u>

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

Break-even point (dollars)= (60,000 + 50,000) / [(200,000 - 120,000)/200,000]

Break-even point (dollars)= 110,000 / 0.4

Break-even point (dollars)= $275,000

6 0
3 years ago
How would you expect each of the following to affect the economy-wide demand for U.S. money (currency)? a. Competition among bro
Anna007 [38]

Answer:

Market interest rate is also known as nominal interest rate. The nominal interest rate is sum of real interest rate and inflation rate. Fed try to control the monetary condition and real interest rates by manipulating money supply. These interest rates also affect the demand of money in market.

Part (a)

When commission of brokers decreases then buying and selling of stocks becomes easier and cheaper and people would transact in more and more stocks which will decrease the demand of money as liquidity of stock has increased.

Part (b)  

When grocery store starts accepting credit cards then people would need to carry less cash and demand of money will decrease.

Part (c)

As financial investors are now worried about riskiness of stocks so they will decrease their investment in stocks and prefer holding more money so demand of money will increase.

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3 years ago
Why have many nations chosen to use taxpayer dollars to subsidize primary, secondary, and higher education
Alona [7]

Answer and Explanation:

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Education is very beneficial to the individual who gets it, but a country where it's citizens have a good level of education benefits everyone positively.

1. Better health outcomes due to breakthroughs in research.

2. Reduction in Crime rates

3. Better environment

4. Also a better government

Are reasons for using taxpayers dollars to subsidize all these levels of education.

3 0
3 years ago
list 4 stages of development impacting the airline industry and briefly describe how each has impacted the future direction of t
PolarNik [594]

The 4 stages of development that impacted the Airline Industry are:-

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2. <u>Liberalization</u>: reducing governmental control, increasing bilateral agreements, expanding into new markets, diversifying into new goods, and specialising in specialised markets.

3. <u>Deregulation</u> results in less airfare, improved service, and no government regulation of the market.

4. <u>Re-regulation</u>: Prevent predatory pricing by regulating prices; prohibiting strikes under the Railway Labor Act; updating the air traffic control system to reduce delays; and encouraging development, consolidation, and concentration.

To Learn more about Airline Industry, Click the links.

brainly.com/question/14923148

brainly.com/question/14989240

#SPJ4

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