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adell [148]
3 years ago
6

Fill in the blanks with words that would best complete the passage. business of selling, unreasonably dangerous, proximate cause

, reasonably dangerous, safe condition, substantially damaged, deliberate intent, physical harm, defective conditionThe basis for an action in strict liability which is set forth in the Restatement (Second) of Torts Section 402A can be summarized by the following six requirements. The product must have been in a __________ when the defendant sold it. The defendant must normally be engaged in the __________ (or otherwise distributing) that product. Most of the states require that the product must be __________ to the user or consumer because of its defective condition. The plaintiff must incur __________ to self or property by use or consumption of the product. The defective condition must be the __________ of the injury or damage. The goods must not have been __________ from the time the product was sold to the time the injury was sustained.
Business
1 answer:
Elenna [48]3 years ago
7 0

The basis for an action in strict liability which is set forth in the Restatement (Second) of Torts Section 402A can be summarized by the following six requirements. The product must have been in a <u>safe condition</u> when the defendant sold it. The defendant must normally be engaged in the <u>business</u> <u>of selling</u><u> </u>(or otherwise distributing) that product. Most of the states require that the product must be _<u>unreasonably dangerous</u> to the user or consumer because of its defective condition. The plaintiff must incur <u>physical harm</u> to self or property by use or consumption of the product. The defective condition must be the <u>proximate cause</u> of the injury or damage. The goods must not have been <u>substantially damaged</u><u> </u>from the time the product was sold to the time the injury was sustained.

<u>Explanation</u>

  • When the product is bought it must be in defective condition  as per Restatement ( second ) of Torts Section 402A.
  • The second point as per Restatement ( second) of Torts , section 402 states that  the defendant must be in the business of selling or distributing the product.
  • Moreover, the product must also be unreasonably dangerous to the consumer owing to its bad or defective condition. The plaintiff should incur physical harm to self by the consumption of such product.
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Answer:

An opportunity.

Explanation:

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Firms use the analysis to develop a competitive strategy in the market by taking advantage of opportunities presented while mitigating risk posed by threats in the industry.

In this scenario Hutchinson Essar obtained a 5.6% stake in Airtel fr Vodafone. This transaction resulted in movement of knowledge and technology previously available to Airtel to one of its competitors.

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What is the yield to maturity (ytm) on a simple loan for $2000 that requires a repayment of $8000 in five years' time?
babunello [35]

The yield to maturity (YTM) on a simple loan is 31.9%

<h3>What is the yield to maturity?</h3>

The yield to maturity represents an overall total of all outstanding loan repayments. The yield to maturity of the security varies based on the bond's valuation and the number of remaining balances.

simple loan for $2,000

repayment of $8,000

time period 5 years

The formula for yield to maturity is

Yield to Maturity = [Annual Interest + {(FV-Price)/Maturity}] / [(FV+Price)/2]

$2,000 = $8,000/(1+i)⁵

(1+i)⁵ = $8,000/$2,000

(1+i) = 41/5

i = 1.319-1

= 31.9

31.9% is the YTM

The yield to maturity (YTM) on a simple loan is 31.9%

Learn more about yield to maturity, here:

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2 years ago
Two external factors which must be considered in pricing decisions are​ __________. A. the marketing mix and the nature of the m
Nat2105 [25]

Answer:

The correct answer is D. demand and the nature of the market.

Explanation:

External factors: Nature of the market and demand

The price-demand relationship varies in different market classes, and how the way the buyer perceives the price affects the pricing decision. 4 types of markets .

  • If there is pure competition: merchants in these markets do not devote much time to marketing strategy. There is no charge for the products. It is standardized.
  • In monopolistic competition: it is within a price range, it can vary by quality, or the services that accompany it.
  • In oligopolistic competition: they can be uniform products or not, they are constantly watched over the competition. If prices rise, buyers will quickly change them as a supplier. There are few vendors and it costs others to enter.
  • In a pure monopoly: a market formed by a single supplier, unregulated monopolies have the freedom to set their prices, however they do not take advantage of them for several reasons, not to attract competition, fear of regulation and to penetrate the market.
  • Demand curve: curve that shows the number of units that the market will buy in a specific period at the different prices that could be charged.
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Answer:

While it was true that the cotton gin reduced the labor of removing seeds, it did not reduce the need for slaves to grow and pick the cotton. In fact, the opposite occurred. Cotton growing became so profitable for the planters that it greatly increased their demand for both land and slave labor.

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Answer:

The correct option is D, cannot be determined from information provided

Explanation:

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The amount calculated above is not one of the options available, hence it is very safe to say that the correct option is that cash provided(used) by financing activities cannot be determined from the information provided.

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