Strategic management

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

Elenna [48]

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 safe condition when the defendant sold it. The defendant must normally be engaged in the business of selling (or otherwise distributing) that product. Most of the states require that the product must be _unreasonably dangerous to the user or consumer because of its defective condition. The plaintiff must incur physical harm to self or property by use or consumption of the product. The defective condition must be the proximate cause of the injury or damage. The goods must not have been substantially damaged from the time the product was sold to the time the injury was sustained.

Explanation

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.

7 0

3 years ago

The day-to-day living conditions of modern Americans are very different from what they were in the 20th century. While doing res

wariber [46]

Answer:

To the first question: C) C. There has been economic growth in our society.

To the second question: E). Economics.

Explanation:

To the first question:

A is false because there has been several recessions in the past 100 years

B is false because markets have failures, causing the recessions mentioned above.

D is false because there are still poor countries, and the concept of "invisible hand" isn't properly explained

To the second question:

The field of economics is the most accurate description of what the researchers are focusing.

En option A they talk about the monetary variable and status of the GDP (recession is associated as decreasing in GDP)

Option B talks about the markets.

C outright spells "economic"

D "the invisible hand" is a concept invented by Adam Smith, the father of modern economics

6 0

3 years ago

If white male managers perceive other white male managers more positively than managers from minority groups, this is called

finlep [7]

The anwser you are looking for is a

5 0

3 years ago

Groupe Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. T

Anvisha [2.4K]

Answer:

$5,931 Favorable

Explanation:

Operating cost for actual activity:

= $36,130 + ($2,036 per flight × No. of flights) + ($1 per passenger × No. of passenger)

= $36,130 + ($2,036 per flight × 73) + ($1 per passenger × 223)

= $36,130 + $148,628 + $223

= $184,981

Activity variance:

= Operating cost for actual activity - Actual cost for plane operating costs

= $184,981 - $179,050

= $5,931 Favorable

3 0

3 years ago

In new bargaining relationships, discussions about procedural issues should occur after the major substantive issues are raised.

vlada-n [284]

False. In new relationships, you should handle introductions and procedural issues before tackling the major problems. It is important to establish the working relationship first before trying to deal with the substantive issues.

3 0

3 years ago