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Alex777 [14]
3 years ago
10

Ralph purchases a porch swing and is assured by the salesperson that it can safely support an adult and hold up to 200 pounds. T

he salesperson knows that there have been issues with this model of porch swing not reliably supporting the weight of adults in the past. A visitor to​ Ralph's home,​ Jessica, who weighs less than 200​ pounds, is injured when the porch swing fails. She sues the store that sold the porch swing under a theory of misrepresentation. Jessica will​ ___________.A.prevail in her suit because the salesperson engaged in fraudB.prevail in her suit because the store is strictly liableC.prevail in her suit as the product was clearly misrepresentedD.not prevail in her product liability suit under a theory of misrepresentationE.prevail in her suit because the salesperson was negligent
Business
2 answers:
melisa1 [442]3 years ago
7 0

Answer:

D) not prevail in her product liability suit under a theory of misrepresentation

Explanation:

Jessica's claim can be based on negligence or breach of warranty, but not misrepresentation.

In product liability lawsuits, misrepresentation theory is used when false advertising occurs, but n this case that didn't happen.

Her claim should be based on negligence because the manufacturer knew that the swing was defective and didn't do anything to correct it. Or it can be based on breach of warranty because the salesperson expressly warrantied that the swing would resist and adult.

umka21 [38]3 years ago
4 0

Answer:

The best answer is "D"

Explanation:

Jessica will not prevail in her product liability suit under a theory of misrepresentation.

The key to recovery on the basis of misrepresentation is the plaintiff's ability to prove that he relied upon the representations that were made and for Jessica she is a little more the 200 pound mark.

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Hartong Corporation is contemplating purchasing equipment that would increase sales revenues by $185,000 per year and cash opera
krek1111 [17]

Answer:

The simple rate of return on the investment is closest to: C. 10.6%

Explanation:

In Hartong Corporation:

Increasing net income = Increase sales revenues - Cash operating expenses - Annual depreciation expense = $185,000 - $89,000 - $52,000 = $44,000

This is the net income from the equipment per year

Return on the investment (ROI) is calculated by using following formula:

ROI = (Net income/Cost of investment )x 100%

Cost of investment  = Cost of equipment = $416,000

ROI = ($44,000/$416,000) x 100% = 10.6%

8 0
3 years ago
Paul loved to party at mardi gras, even if he was not involved in making a float or anything else. the atmosphere on the street
Mashutka [201]

The answer is moral holiday. Taking a moral holiday means temporarily loosening up and taking it easy, not carrying the heaviness of the world on your shoulders, not being despairingly depressed by depressing realities. In other words, there are specified times when people are allowed to break norms. The best example is during Mardi gras.

3 0
3 years ago
Data related to the inventories of Costco Medical Supply are presented below: Surgical Equipment Surgical Supplies Rehab Equipme
Sever21 [200]

Answer:

$117

Explanation:

Costco Medical Supply's merchandise inventory:

                  Surgical equip.  Surgical supplies  Rehab equip.  Rehab  supplies

Selling price          $276              $134                   $354                    $152

Cost                        $156              $136                   $255                    $152

Cost to sell               $17                 $17                      $16                       $7

Net realizable V.   $259              <u>$117</u>                   $338                    $145  

 

If we apply the lower of cost or net realizable rule for determining the value of surgical supplies, its value would be: $117 < $136

When we use the lower of cost or net realizable rule, we should value our inventory at the lowest value between original purchase cost and current net realizable value of the products.

6 0
3 years ago
“I own three Hummer vehicles and do not think they contribute to air pollution any more than a smaller, family sedan.”
Phoenix [80]

Answer:

D. Objectivity

Explanation:

I had this problem too I searched up somewhere else I hope it's right!

7 0
3 years ago
Read 2 more answers
Use the following to answer the next 4 questions Suppose gold mining in the US was a perfectly competitive industry with N = 40
Andrei [34K]

Answer:

32) - Option c i.e., $900.

33) - Option d i.e., 60.

34) - Option d i.e., 60.

35) - Option a i.e., $450.

Explanation:

32) - Mr. Barrick 's income as a corporation is $900.

Then, we apply the formula of profit maximization that is :

                    Profit = quantity \times (price - AC)

                                =30\times(60-30)

                                =30\times30=900

                    Profit=\$900

33) - While Mr. Barrick controlled the market, the total manufacturing production of N = 40 competitive companies was Q = 60.

In a reasonably marketplace, companies can sell where the marginal cost remains equivalent to the demand curve or that MC remains equivalent to the demand curve at 60.

34) - After the monopoly cost per unit raised by $60.

Price as well as quantity shall be determined by the monopoly where MR = MC. Price is determined mostly on demand curve relating to that same points where MR = MC has been 60 as well and the quantities are determined also on the y-axis that is 30.

35) - DWL(Dead\;Weight\;Loss) =\frac{1}{2} \times(60-30)\times(60-30)

                                                   =\frac{1}{2} \times30\times30

                                                   =\frac{1}{2} \times900=450

                                        DWL=\$450

6 0
3 years ago
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