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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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Providing a great shopping experience to customers is one of the important objectives of Purple Fashions Inc., a clothing store.
DochEvi [55]

Answer:

Organizational effectiveness

Explanation:

The customer service professional team in an organization can also be called organizational effective team because their work is to understand the taste of the customers and work toward achieving them. There roles within the organizational are:

1) strategize for higher adoption of the product,

2) examining their faults and defaults and working towards improving them and so on.

5 0
4 years ago
The prepaid insurance account had a balance of $9,400 at the beginning of the year. The account was debited for $10,400 for prem
soldier1979 [14.2K]

Answer:

Following are the response to the given points:

Explanation:

\text{Insurance Expense} =\text{ Beginning Prepaid Insurance} + \text{Cash Premium Paid} -\text{Ending Prepaid Insurance}

                             = \$9,400 + \$10,400 - \$3,730\\\\ = \$16,070

Date  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ General \ Journal  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  Dr.  \  \ \ \ \ \ \ \ \ Cr. \\\\ March \ 31\ \ \ \ \ \ \ \ Insurance \ Expense  \ \ \ \ \ 16,070 \ \ \ \ \ \ \ \ \ \ \ \ \  \\\\

                       Prepaid\ Insurance \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 16,070\\\\

For point b:

Date  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ General \ Journal  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  Dr.  \  \ \ \ \ \ \ \ \ Cr. \\\\ March \ 31\ \ \ \ \ \ \ \ Insurance \ Expense  \ \ \ \ \ 18,100 \ \ \ \ \ \ \ \ \ \ \ \ \  \\\\

                       Prepaid\ Insurance \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 18,100\\\\

5 0
3 years ago
Thornton Airline Company is considering expanding its territory. The company has the opportunity to purchase one of two differen
Mumz [18]

Answer:

The correct answer for first plane is 2.7 years and for second plane is 3 years and first plane should be accepted.

Explanation:

According to the scenario, the computation of the given data are as follows:

Payback period = Cost of first airplane ÷ Annual cash inflow

First plane cost = $13,770,000

Cash flow = $5,100,000

So, Payback period for first plane = $13,770,000 ÷ $5,100,000

= 2.7 years

Second plane cost = $27,900,000

Cash flow = $9,300,000

So, Payback period for second plane = $27,900,000 ÷ $9,300,000

= 3  years

First plane should be accepted as it has less payback period.

4 0
3 years ago
At most movie theaters, one employee sells tickets and another employee collects them. One night, when you’re at the movies, you
Naily [24]

Answer: Division of Labour

Explanation: This is the division of a task or job role into smaller parts between two or more people.

Division of Labour helps to achieve a higher rate of productivity and efficiency.

By having the same person doing both jobs productivity and efficiency is low, because the workload increase on that individual which directly affects his performance on the job.

3 0
4 years ago
Read 2 more answers
Which of the following statements about online research is true? Group of answer choices The information found on the Internet t
Bezzdna [24]

Answer:

The correct answer is Industry sites list a variety of sources that may be more current than the information in business databases.

Explanation:

In online research, there are a series of risks associated with the search, since generally not all the information comes from reliable sources, so it is necessary to carefully observe the site we are visiting. It is important to visit highly reputable sites that show access to reliable research sources in order to minimize risks and to keep accurate information available.

6 0
3 years ago
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