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scoray [572]
3 years ago
8

Arrow Straight Corporation makes archery supplies. While using an Arrow Straight bow, Jamie is injured due to a defect in the bo

w that causes an arrow to misfire. Kaley, another archer standing by is also injured. In a product liability suit based on strict product liability, Arrow Straight may be liable to
Business
2 answers:
DIA [1.3K]3 years ago
6 0

Answer:

Jamie and Kaley.

Explanation:

Strict product liability is the principle that irrespective of the complainant's negligence, a dealer, retailer or supplier is responsible for a manufacturing fault. It doesn't matter if the item's seller, dealer or maker takes proper steps to ensure that the goods are not faulty.

In this situation Arrow Straight Corporation manufactured a bad product, so Arrow straight is liable to Jamie and Kaley.

mario62 [17]3 years ago
3 0

Answer:

Jamie and Kaley

Explanation:

As per product liability, a seller is held responsible for any injury caused by using the product by the consumer, that is sold by the seller. There is no federal law in place but lawsuits can be filed with state or federal court against the seller in case of injuries caused as a result of using defective product.

In this case, bows sold by Arrow Straight caused injuries to Jamie and Kaley. As such, the company is held responsible and may be liable to pay for the damages caused to Jamie and Kaley.

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What does every point on a budget line graph represent?.
Marysya12 [62]

Every point on budget line graph represents each number of possible unit that can be purchased with a given income.

<h3>What is a budget line graph?</h3>

Budget line graph shows series of combinations of two products that can be consumed by an individual at a given price and income.

  • Budget line is said to be a constraint line graph because an individual cannot go beyond the limits of consumption.

  • Each unit of goods is indicated on the graph using with a dot and only the combination of the two goods that falls within budget can be purchased.

Therefore, every point on budget line graph represents each number of possible unit that can be purchased with a given income.

For more details on budget line kindly check brainly.com/question/24765766

4 0
3 years ago
In the 1990s, Philips Electronics developed a new consumer electronics product called the Digital Compact Cassette (DCC) player.
9966 [12]

Answer:

compatibility

Explanation:

The Digital Compact Cassette is an innovation that is showing compatibility because it is not only bringing something new to the customer (the ability to record and playback), but also giving the customer the possibility of playing old cassette tapes in the new format.

In simple words, the DCC is compatible with older tapes, which gives it no only a value as a new product, but also a value as a product that replaces and old product (which is not necessarily the same, many new products do not replace old product, the old product simply disappears).

4 0
4 years ago
Journalizing issuance of stock—at par and at a premium
suter [353]

Answer:

a.

Cash                                                                           27000 Dr

     Common Stock                                                            13500 Cr

     Paid in capital in excess of par-Common stock         13500 Cr

b.

Cash                                                    135000 Dr

     Preferred Stock                                   135000 Cr

Explanation:

a.

When we issue stock at premium, we always record the amount received from such issuance of stock at full. So, the cash account will be debited for 4500 * 6 = 27000

However, we record the common stock issued at par value and the remaining is credited under the reserve account which is Paid in capital in excess of par.

Thus the common stock will be credited by its par value of 4500 * 3 = 13500 and the remaining 4500 * 3 will be credited to the Paid in Capital account.

b.

The par value of the preferred stock is 4500 * 30 = 135000

Thus the preferred stock is issued at par and we simply debit the cash received from the issue and credit the preferred stock.

4 0
4 years ago
Just as individuals have no ethical obligation to contribute to charity or to do volunteer work in their community, business has
Juli2301 [7.4K]

Answer:

C) Philanthropic model

Explanation:

Based on the information provided within the question it can be said that the model of CSR that reflects this line of thought would be the Philanthropic model. This model reflects an effort or the desire within a large organization or corporation to improve human welfare through large scale charitable actions. Which is what this passage is stating that the organizations should do, and not for the obligations of the law, but instead go above and beyond because it is the right thing to do.

6 0
3 years ago
11. Assume that somehow, Andy managed to get that loan from a bank officer whith whom he went to school. But instead of using it
antiseptic1488 [7]

$60 for each of the year

<u>Explanation:</u>

Coupon rate always to be consider on face value of bond . In this case 6% should be calculated on face value of bond for three years

$1000 multiply with 6%=$60 for each year.

A coupon rate is the yield paid by a fixed-salary security; a fixed-pay security's coupon rate is basically simply the yearly coupon installments paid by the guarantor comparative with the security's face or standard worth. The coupon rate, or coupon installment, is the yield the security paid on its issue date. This yield changes as the estimation of the security changes, hence giving the security's respect development.

4 0
3 years ago
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