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algol [13]
3 years ago
8

Toxic materials, of an abnormally dangerous nature, were being transported by truck from a manufacturer's plant to a warehouse w

hen some of the materials leaked from the truck onto the street a few miles from the plant. A driver lost control of his car when he hit the puddle of spilled toxic materials on the street, and he was injured when his car hit a stop sign. In an action for damages by the driver against the manufacturer based on strict liability, is the driver likely to prevail
Business
1 answer:
Otrada [13]3 years ago
7 0

Answer:

No, because the drivers injury did not result from the toxicity of the materials.

Explanation:

In the context, a strict liability in this situation will be based on abnormally dangerous nature of the toxic materials that the manufacturer produces. But the strict liability action is required that the risk which materializes to be the same risk which lead the courts to be label the event as 'abnormally dangerous' in its first place itself. In this situation, the toxicity of the materials is not the cause of the injury of the driver, the driver's only cause of action is his negligence while driving.

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Bill’s hardware has an average daily consumption of inventory of 1000 units. It takes Bill 15 days to receive the delivery of in
belka [17]

<u>Answer: </u>15000 units

<u>Explanation:</u>

The reorder point= Average daily consumption x lead time

=1000units x 15 days

=15000 units

Reorder point is stock in hand which triggers to replenish the stock in the firm. If reorder point is calculated efficiently when the last of stock is just consumed the new inventory should have arrived. Lead time is the time taken to replenish the inventory by the supplier. the reorder point is based on the average daily usage in reality the supply and demand may vary on day to day basis.

4 0
3 years ago
Goods are complements if an increase in the price of one causes a __________ in the demand for the other
ASHA 777 [7]

Answer: decreases

Explanation: In simple words, complementary goods are those goods which have negative relation with each other in respect of price and demand. The usage of one good is dependent on other in case of complementary relation.

For example - Petrol and petrol car are complementary goods, if the price of petrol increases the demand for petrol cars will decrease.

Hence we can conclude that the right answer to the given problem is decrease.

7 0
4 years ago
Gordon works part-time from June through December of 2017. Briefly explain what he needs to do -- and when -- in order to file h
Monica [59]

Answer:

He needs to ask his boss for file of work time and clock in and clock out and how much money he made and also benifets and his age and famly memebrs and then go from their.

Explanation:

i may be from diffrent country thern you so might be diffrent

3 0
3 years ago
Positive consumer experience with a good or service tends to result in an increase in all of the following EXCEPT: A. consumer d
Margarita [4]

Answer:

Option "D". Cost of Production.

Explanation:

The positive experience of the customers exhibits that customer is satisfied with the commodity. Hence, a satisfied customer will always consume and demand that commodity. Therefore, the producer will induce to supply more and an increase in demand will push the price upward. Therefore, option "A", "B" and "C" tend to increase but option "d" does not relate to it.

Therefore, option "d" is correct.

8 0
3 years ago
Find the present values of the following cash flow streams. The appropriate interest rate is 10%. (Hint: It is fairly easy to wo
andreyandreev [35.5K]

Answer:

a. The present value of Cash flow stream A at 10% interest rate is $1,181.50; while the present value of Cash flow streams B at 10% interest rate is $1,239.13.

b. Present value of Cash flow streams A and B at 0% interest rate are both equal to $1,600.

Explanation:

a. Calculations of the present values of Cash Flow Stream A and B at 10% interest rate

The present value (PV) for a particular year can be calculated using the following formula:

PV = FV / (1 + r)^n

Where:

PV = present value of a particular year

FV = Future value or cash stream of a particular year

r = interest rate = 10%

n = The particular year in focus

The present value of cash flow streams at a particular interest rate is the sum of the present values of Cash Stream for all years, and this can be calculated as follows:

Present value of Cash flow stream A at 10% interest rate = (100 / (1 + 10%)^1) + (400 / (1 + 10%)^2) + (400 / (1 + 10%)^3) + (400 / (1 + 10%)^4) + (300 / (1 + 10%)^5) = $1,181.50

Present value of Cash flow streams B at 10% interest rate = (300 / (1 + 10%)^1) + (400 / (1 + 10%)^2) + (400 / (1 + 10%)^3) + (400 / (1 + 10%)^4) + (100 / (1 + 10%)^5) = $1,239.13

b. Calculations of the present values of Cash Flow Stream A and B at 0% interest rate

The present value of cash flow streams at a 0% is simply the sum of Cash Flow Stream for all years, and this can be calculated as follows:

Present value of Cash flow stream A at 0% interest rate = $100 + $400 + $400 + $400 + $300 = $1,600

Present value of Cash flow streams B at 0% interest rate = $300 + $400 + $400 + $400 + $100 = $1,600

5 0
3 years ago
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