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OLEGan [10]
4 years ago
14

The bases for an action in strict liability that are set forth in the Restatement (Second) of Torts Section 402A can be summariz

ed by;
a. The product must have been in a safe condition when the defendant sold it.
b. The defendant must normally be engaged in the (or otherwise distributing) that product.
c.The product must be to the user or consumer because of its defective condition (in most states).
d.The plaintiff must incur to self or property by use or consumption of the product.
e. The defective condition must be the of the injury or damage.
f.The goods must not have been from the time the product was sold to the time the injury was sustained.
g. All of the above
Business
1 answer:
Alinara [238K]4 years ago
8 0

Answer:

The answer is: NO OPTION IS COMPLETE

Explanation:

Option A is totally wrong (the product should have been defective), but options B through F are incomplete.

They should have been:

B) The defendant must normally be engaged in the <u>business of selling</u> (or otherwise distributing) that product.

C) The product must be <u>unreasonably dangerous</u> to the user or consumer because of its defective condition (in most states).  

D) The plaintiff must incur <u>physical harm</u> to self or property by use or consumption of the product.

E) The defective condition must be the <u>proximate cause</u> of the injury or damage.

F) The goods must not have been <u>substantially changed</u> from the time the product was sold to the time the injury was sustained.

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Which of the following best describes owner’s equity?
artcher [175]
Best describes owner's equity:
B. The owner's interest or worth in the business.

Owner's equity is equal to the business assets less the business liabilities.

Equity = Assets - Liabilities

In the balance sheet, owner's equity is the term used if the business is a sole proprietorship. If the business is a corporation, the equity portion of the balance sheet states Stockholder's Equity (common stock, preferred stock, paid-in capital in excess of par value, paid-in capital from treasury stock, retained earnings, etc)





3 0
3 years ago
Purves Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121
Sloan [31]

Answer:

The predetermined overhead rate is closest to $12.10 per hour

Explanation:

Predetermined overhead rate = (Estimated total fixed manufacturing overhead / Estimated direct labor hours)  

Predetermined overhead rate =($121,000 / 10,000)

Predetermined overhead rate = $12.10 per hour

7 0
3 years ago
In international trade jargon, constant-cost production-possibility curves are associated with ________ specialization, while in
ELEN [110]

Answer:

For 1st e and for 2nd b

Explanation:

I don't remember correctly

8 0
2 years ago
5. Hazelwood School District is located in Sleepy Hollow Township. It is being sued by several teachers who applied for teaching
UNO [17]

Answer:

The plaintiffs will probably win because the school district is clearly discriminating against African American teachers.

Title VII of the Civil Rights Act establishes that it is illegal to discriminate against job applicants based on race, ethnic background, gender, sexual preferences, religion, etc.

Since 15.4% of all certified teachers in the district are African Americans, you would expect that the number of teachers employed by the school district would be similar. It doesn't have to be exact, but it should be a closer number, not 1.8%.

7 0
4 years ago
The resort project would require a $20,500,000 investment. At the end of ten years, some of the equipment would have a salvage v
Gemiola [76]

Answer:

Net present value

Explanation:

<u>Missing Information    </u>

Weighted average cost of capital: 8% and  Solve for net present value:

investment: project outlay 20,500,000 + increase in working capital 450,000

F10 salvage value: 300,000 + 450,000 liberate working capital

cahsflow per year income 1,111,000

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 1,111,000.00

time 10

rate 0.08

1111000 \times \frac{1-(1+0.08)^{-10} }{0.08} = PV\\

PV $7,454,900.4342

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $750,000.00

time  10.00

rate  0.08000

\frac{750000}{(1 + 0.08)^{10} } = PV  

PV   347,395.1161

Net present value

7,454,900 + 347,395 - 20,500,000 - 450,000 = -13.147.705

6 0
3 years ago
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