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I am Lyosha [343]
3 years ago
12

MakerMan Manufacturing creates heavy-duty hand tools. It produces a new collapsible hammer called the SmackN’Stash. One of the f

irst purchasers of the hammer, Rob, is using it at a construction site when the hammer’s head flies off and injures his coworker Cliff.
How does the concept of strict liability apply to this situation?

a. Product liability torts require Rob to show that one or more of the design or manufacturing elements is defective.
b. When companies sell defective products to consumers who are injured, liability will result without having to show that the manufacturer breached the duty of care.
c. While using a collapsible hammer is a dangerous activity, it is not of the type of danger that would subject MakerMan to strict liability.
d. Anyone who is injured by a defective product may sue the manufacturer, merchants, and all others who handled the product.
Business
1 answer:
hammer [34]3 years ago
8 0

Answer:

Anyone who is injured by a defective product may sue the manufacturer, merchants, and all others who handled the product.

Explanation:

Strict liability means that an injured party may sue another even when they don not prove a case against them. A party is held liable for injuries from a certain activity.

For example a company that produces tools may be held liable when the machinery it produces causes injury during use by the injured party.

The injured party need not prove negligence of the defendant.

In this instance MakerMan Manufacturing is liable for the hammer that injured one of Rob's coworkers while they were using it.

Strict Liabilities are classified into 3: animals owned, product liability, and abnormally dangerous acts.

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omeli [17]

Answer:

Explanation:

The preparation of the  stockholders' equity section of the balance sheet is shown below:

Common stock, $10 par value,

103,000 shares authorized and 20,000

shares of common stock issued                    $200,000  (20,000 × $10)

Paid in capital in excess of par value $120,000      {20,000 shares × ($16 - $10)}

Preferred stock, 3000 shares issued at par       $24,000      (3,000 shares × $8)

Paid in capital in excess of par value $36,000     {3,000 shares × ($20 - $8)}

Retained earnings                               $60,000

Total                                                     $440,000                  

7 0
4 years ago
If Johnny likes homework (H) but hates exercise (E), which of the following might best represent his utility function for homewo
anygoal [31]

Answer:

b. u= h/e

Explanation:

6 0
3 years ago
Investment companies or mutual funds that continue to sell and repurchase shares after their initial public offerings are referr
Furkat [3]

Answer:

Open end

Explanation:

Open end otherwise known as mutual fund are those investments offered through fund companies which sells shares directly to investors. In an open end fund investment, there is no limit to the number of shares that can be offered therein. The shares traded are unlimited which means that shares can be issued in as much can be backed up with funds.

The prices for open end funds are fixed once daily which shows the performance of the investment for that day hence the only price at which investment shares can be bought for that day.

5 0
3 years ago
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In this case, the improved version of the wood wax is a modified version of the old wood wax, and is going to be targeted to a new and specific market (antique owners), while the original version is still going to be targeted at the current market.

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TIME REMAINING
MAXImum [283]

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The Constitution

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In the United States, Article I, Section 8 of the Constitution gives Congress the power to "lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States. This is also referred to as the "Taxing and Spending Clause."

3 0
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