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zhenek [66]
3 years ago
13

Under the product liability theory of strict liability as expressed in the Restatement (Second) of torts, what is an essential f

act that must be present if strict liability may be used in a lawsuit as the basis for recovery
Business
1 answer:
Citrus2011 [14]3 years ago
7 0

Answer:

A). The product  must be unreasonably dangerous.

Explanation:

The 'product liability theory of strict liability' law may consider the manufacturer or retailer liable for injuries caused by the use of their product even if that product has been designed safely for the consumers and it contains a warning label also that clearly states the harm it may cause. But the application of strict liability takes place only on the condition of 'the product being unreasonably dangerous' and the risk of harm(as thought by manufacturer) surpasses the advantages. Thus, <u>option A</u> is the correct answer.

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Joaquin has $1,300 in the bank and has investments worth $4,000. He also has $7,000 worth of credit card debt. What is the total
Aloiza [94]
Assets = Liabilities + Owner's Equity
$12,300 = $7,000  + 5300
 
Assets
                  Cash in bank                                   1,300
                  Account Receivable/investment      4000
                  Account Payable/credit card debt    7000
Total Assets                                                                         12,300
3 0
3 years ago
A seller listed her residence with a broker. the broker brought an offer at full price and terms of the listing from buyers who
garik1379 [7]

In this situation, it is likely that the seller owes a commission to the broker because the broker had already brought an offer in which he has already had terms of agreement from a buyer, even though the seller disagrees, the seller still owes the broker the commission he deserves.

3 0
3 years ago
Purchase furniture to srija rs 30000​
lorasvet [3.4K]

Answer:

rs 30000

Explanation:

rs 30000 = $407.47

Hope this helped!

4 0
3 years ago
Financial statement data at December 31 for Ecco Company are shown below. Cost of merchandise sold $552,500 Inventories: Beginni
Lostsunrise [7]

Answer:

Inventory turnover= 3.25

Explanation:

Giving the following information:

Cost of merchandise sold $552,500

Inventories:

Beginning of year 200,000

End of year 140,000

<u>To calculate the inventory turnover, we need to use the following formula:</u>

Inventory turnover= Cost of goods sold/ average inventory

Average inventory= (beginning inventory + ending inventory) / 2

Average inventory= (200,000 + 140,000)/2= 170,000

Inventory turnover= 552,500/170,000

Inventory turnover= 3.25

3 0
3 years ago
Other things the same, if the expected return on U.S. assets increased (e.g. higher interest rate), the a. supply of dollars in
harina [27]

Answer:

b. supply of dollars in the market for foreign-currency exchange shifts left

Explanation:

In the case when the expected return on the US assets should be rise while keeping other things constant so it reduced the dollar supply because the investors in US would begins switching the international investment to the domestic due to this it reduced the supply. This cause to shifting the supply curve to the left

Therefore the option b is correct

8 0
3 years ago
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