Answer and Explanation:
In an action based on strict liability, a plaintiff must show that
(1) a product was defective,
(2) the defendant was in the business of distributing the product,
(3) the product was unreasonably dangerous due to the defect,
(4) the plaintiff suffered harm,
(5) the defect was the proximate cause of the harm, and
(6) the goods were not substantially changed from the time they were sold.
A plaintiff does not have to show that there was a failure to exercise due care, and this distinguishes an action based on strict liability from an action based on negligence, which requires proof of a lack of due care. If Bob establishes his case, the court in this problem is most likely to rule in his favor, because the manufacturer is strictly liable in this case. Strict liability allows a plaintiff to recover damages for injuries resulting from product defects without proof of fault.
Answer:
The correct answer is $5,160.
Explanation:
According to the scenario, the given data are as follows:
Estimated OH = $88,480
Estimated direct labor hour = 2,800 labor hour
So, Estimated OH per labor hour = $88,480 ÷ 2,800 = $31.6 / labor hour
Actual OH = $80,160
Actual Direct labor hour = 2,700 labor hour
Now, Applied OH = Estimated OH per labor hour × Actual Direct labor hour
= $31.6 × 2700
= $85,320
Since, Applied OH is Greater than Actual OH, it is underapplied OH.
Underapplied OH = Applied OH - Actual OH
= $85,320 - $80,160
= $5,160.
Hence, the underapplied OH for the year was $5,160.
Answer:
b. Consolidate all credit cards onto a single card with a single interest rate.
Explanation:
When a debt payment plan is initiated then, it is decided according to the outstanding amounts, that which shall be paid first and the order of payment for remaining debts.
For this monthly income and expenses are to be evaluated, in order to decide how much payment shall be made accordingly, in each month.
But this entire process do not involve the step of aggregating all the cards so that there is only one card with the same payment. There is no relation to any such payment.
Answer:
The answer is option C. She may immediately sell the bonds but it is unclear how much money they will sell for.
Explanation:
She may immediately sell the bonds but it is unclear how much money they will sell for.
Investors who hold onto their bonds until maturity are assured of to receive the face value of the bond. In our case, if Andrea would have chosen to hold her $5,000 bond investment for 10 years, she would have been assured the bonds face value, however since she prefers to use the cash to work abroad, she can sell the bonds immediately.
Selling a bond before it's maturity date can either be beneficial or detrimental. This depends on the value of the bond at the time of sale. If at the time of sale the bond would have gained value, then the bond will sell at a higher price than when it was bought. On the other hand, if the bond at the time of sale has lost value, then the bond will sell at a lower price than the price which it was bought.
In our case, the best option for Andrea would be to sell the bonds immediately, since she really needs the cash. If it happens that at the point at which she sells the bonds they will have gained value, then she will have more than $5,000 cash, however, if at the point she decides to sell the bonds they will have lost value, then she will have less than $5,000 depending on how much value was lost from the time she bought the bonds and the time she sold the bonds.
A good reason why it is important not just to read but to also reference things appropriately would be to avoid the issues of plagiarism.
<h3>What does it mean to reference a work?</h3>
This is the term that is used to refer to the fact that a work has been accredited to the rightful people that own. When someone is writing, they may list several ideas from an outside sources, it is advised to reference the people that own the work that has been used in this writing.
Hence we can say that a good reason why it is important not just to read but to also reference things appropriately would be to avoid the issues of plagiarism.
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