Answer:
a. is liable to purchasers as a manufacturer/seller of toys.
Explanation:
Mattel is the producer of the toys even if it was it's manufacturer in China that made the toys. Using lead paint can lead to poisoning of children. So the toys produced can be considered to be harmful and defective.
The manufacturer of a product has a product liability on every good delivered to the consumer. Product liability is that borne by the manufacturer of a good for putting defective product in the hand of the consumer.
So for any damage or health issues that come up as a result of use of the toys, Mattel is liable.
Answer: The journal has been attached
Explanation:
The summary journal entries to record the following transactions for a company in its first month of operations has been attached.
Note that the work on process Inventory for (f) was calculated as the direct labor of 40000 multiplied by 125%. This will be:
= 40000 × 125%
= 40000 × 1.25
= 50000
Issuing bonds to obtain long-term funds legally compels a firm to pay regular <u>interest</u> payments and repay the <u>principle</u> at the maturity date.
Answer:The CEO should implement
Deming's 14 points.
Explanation:
Deming's 14 points is a management practice that helps company improve their productivity and quantity.
Also, Deming contain 14 key principles for management for transforming business effectiveness.
Companies racing against rivals for global market leadership often form strategic alliances in order to get into the critical country markets quicker than competition. When a company partners with another country or "wins" getting access into another country, they are able to get their product dispersed and have a larger audience. Companies are always competing against their rivals for market share in their current market economy and abroad.
