Answer:
d. bring suit against Pestro under Section 402A even though there is no privity.
Explanation:
Section 402A enforces strict liability for physical harm that is caused a by the product sold to a buyer by a seller.
It states that if a seller sells a defective product that is unreasonably dangerous to an end user, the seller will be liable for any physical harm that results from its use.
Privity is when a contractual relationship exists between different parties in a transaction.
In the given scenario even without a privity the parents of the children and the dogs can bring suit against Pestro under Section 402A even though there is no privity.
They don't have to have a direct contractual relationship with Pestro.
Answer:
fails to achieve the minimum average total costs attainable at each level of output.
Explanation:
X Inefficiency do take place in a firm when there is little or no incentive in controlling costs. As a result of this average cost of production will go up than necessary. And as a result of lack of incentives, technically, the firm will be far from efficient. It should be noted that X-inefficiency could be described as a situation in which a firm fails to achieve the minimum average total costs attainable at each level of output.
Answer:
$7,000
Explanation:
Balance to be distributed = Assets amount after liquidation - Creditor - Gene loan to the business
Therefore,
Balance to be distributed = $34,000 - $23,000 - $5,000 = $6,000
Since there is no agreement among the partners regarding the distribution of profits, the amount to be distributed will be shared equally for each partners as follows:
Each partner's of the amount to be distributed = $6,000/3 = $2,000
Amount received by Gene = Loan amount from + Distributed balance share
= $5,000 + $2,000
Amount received by Gene = $7,000
Therefore, Gene gets $7,000 in distribution.
Answer:
"Principal" Since the value of common stock could decline to zero, investors do carry the risk of losing their entire principal. That risk is greatly reduced when investing in bonds, because if you hold a bond to its maturity date, you will at least get back the par value ($1000) of the bond.
Hope this helps :) -Mark Brainiest Please :)
Answer:
there is 12,548,067 13 year old female children in the U.S that is 17% per a 2019 survey
