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stiv31 [10]
4 years ago
6

Strict product liability is the doctrine that the seller of a product has legal responsibilities to compensate the user of that

product for injuries suffered due to a defective aspect of the product, even though the seller has not been negligent in permitting that defect to occur.
Business
1 answer:
Annette [7]4 years ago
3 0

Answer:

The correct answer is A doctrine that holds that the manufacturer of a product has legal responsibilities to compensate the user of that product for injuries suffered because the product's defective condition made it unreasonably dangerous, even though the manufacturer has not been negligent in permitting that defect to occur.

Explanation:

Product liability is the most effective weapon the consumer has against dangerous products. This responsibility can occur at any point in the process of manufacturing or distributing a product. Consequently, the manufacturer, the wholesaler and the seller of the product can share the responsibility of the damages caused by a dangerous or defective product.

A person injured by a dangerous product is required to verify that the product is defective. There are three types of defects that place responsibility on the manufacturers and distributors of a product:

  1. Design: An imperfection or an error in product design made it inherently dangerous. This imperfection existed before the product was manufactured.
  2. Manufacturing: A lack in the manufacturing process caused some products to be defective.
  3. Marketing: The warnings or instructions needed to use a product correctly were missing.
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3 years ago
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A government acquires as an investment a 30-year U.S. Treasury bond having a face value of $10,000. At the end of year 20, with
astraxan [27]

Answer:

$10,200

Explanation:

Based on the information given Assume that it held the bond in a governmental fund, the GOVERNMENT SHOULD REPORT THE BOND AT A VALUE OF THE AMOUNT OF $10,200 reason been that we were told that the bond had a FAIR VALUE of the amount of $10,200.

Therefore the government should report the bond at a value of $10,200.

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3 years ago
The maintenance of common facilities, security, advertising, and special events to attract consumers are handled by the shopping
Licemer1 [7]

Answer:

The correct answer is common area maintenance.

Explanation:

Maintenance costs for common areas are charges (on rent) to tenants for the maintenance costs of lobbies, rest rooms, parking lots, patios and other common areas.

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3 0
3 years ago
In the Baldrige assessment, _____ refers to how a company refines the approach through cycles of evaluation and improvement, enc
Elden [556K]

Answer: The correct answer is "Deployment".

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7 0
3 years ago
price discrimination will occur when a firm can segment its existing and potential customers into different groups based on:
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Customers whose demand has a higher degree of price elasticity will pay less.

<h3>How Does Price Discrimination Occur and types of Price Discrimination?</h3>

Price discrimination is a marketing tactic where sellers charge clients various prices for the same good or service depending on what they believe will win the customer over. A merchant that practices pure price discrimination will impose the highest price possible on each customer. The more typical types of price discrimination involve the vendor classifying clients into groups according to particular characteristics and charging each group a different price.

There are three types of price discrimination:

First-Degree Price Discrimination:  when a company charges the highest price per unit of consumption.

Second-Degree Price Discrimination: when a business offers discounts for large orders or imposes various prices on customers depending on how much they eat.

Third-Degree Price Discrimination: when a business charges varied prices to various customer segments.

To know more about Price Discrimination visit:

brainly.com/question/17272240

#SPJ4

8 0
2 years ago
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