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FinnZ [79.3K]
3 years ago
7

Wideload, Inc, makes, sells, and leases trucks, trailers, and other moving and hauling equipment for consumer use. Verna files a

product liability suit against Wideload, alleging a design defect. In deciding whether to hold the maker liable, the court may consider:_______.A) the assumptions of WideloadB) the identity of Wideload's owner.C) the intentions of Wideload.D) the expectations of the ordinary consumer.
Business
2 answers:
blondinia [14]3 years ago
6 0

Wideload, Inc, makes, sells, and leases trucks, trailers, and other moving and hauling equipment for consumer use. Verna files a product liability suit against Wideload, alleging a design defect. In deciding whether to hold the maker liable, the court may consider: The expectations of the ordinary consumer.

<h3><u>Explanation:</u></h3>

The disputes that are related to any legal sections regarding the liability of the products are subjected to a consumer expectations test. The main purpose of the conduction of this test is to ensure that the product is properly manufactured and the defectiveness in the warning information of that particular product.

A product will be concluded to be defective under this test when a consumer finds that the product is defective. In the given example, Verna files a product liability suit against Wideload, regarding the defects associated with the design. Thus, the court may consider The expectations of the ordinary consumer for making it liable.

USPshnik [31]3 years ago
6 0

Wideload, Inc, makes, sells, and leases trucks, trailers, and other moving and hauling equipment for consumer use. Verna files a product liability suit against Wideload, alleging a design defect. In deciding whether to hold the maker liable, the court may consider (D) <u>the expectations of the ordinary consumer.</u>

<u></u>

Explanation:

In any   legal disputes concerning the  product liability, a consumer expectations test  technique is used to determine whether the product was  negligently manufactured or whether a warning on the product is defective. Under this test, the product is considered defective if a reasonable consumer would find it defective.

According to  the expectations of a consumer demand a good service or product  -If a product is found defective by the consumer then they have the right to get the price or the service changed.

Thus in the below mentioned cae

Wideload, Inc, makes, sells, and leases trucks, trailers, and other moving and hauling equipment for consumer use. Verna files a product liability suit against Wideload, alleging a design defect. In deciding whether to hold the maker liable, the court may consider (D) <u>the expectations of the ordinary consumer.</u>

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b.

Using Duration-with-Convexity Rule, assuming yield to maturity falls to 6%

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c.

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Therefore the new Predicted Price

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= $1425.4

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