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Pepsi [2]
3 years ago
6

Alpha Construction uses dynamite to blast stone as part of a road construction project. Despite following best safety practices

for storage and use, some of the stored dynamite explodes unexpectedly, injuring a nearby motorist, Li. If Li sues Alpha, which of the following is accurate?
A. Blasting is an ultrahazardous activity, but Alpha is not strictly liable for Li's damages because Alpha showed due care by following best safety practices.
B. Blasting is an ultrahazardous activity, so Alpha is strictly liable for Li's damages even though Alpha followed best safety practices.
C. Blasting is not an ultrahazardous activity, so Alpha cannot be liable for Li's damages.
D. Blasting is not an uitrahazardous activity, so Alpha can be liable for Li's damages only if it proves every element of negligence.
Business
2 answers:
IRISSAK [1]3 years ago
8 0

Answer:

B. Blasting is an ultrahazardous activity, so Alpha is strictly liable for Li's damages even though Alpha followed best safety practices.

Explanation: Under the concept of strict liability, a person or an organisation is liable to the consequences of their actions even when they have followed the best practices and no form of Negligence have been attributed to them or their actions.

BASED ON THE CONCEPT OF STRICT LIABILITY, ALPHA WILL BE HELD LIABLE TO LI'S DAMAGES AND WILL BE EXPECTED TO TAKE THE RESPONSIBILITY FOR WHAT EVER IT COST.

Neporo4naja [7]3 years ago
6 0

Answer:

B. Blasting is an ultrahazardous activity, so Alpha is strictly liable for Li's damages even though Alpha followed best safety practices.

Explanation:

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Which of the following is most likely to be characterized by substantial asymmetric information?
Black_prince [1.1K]

Answer:

d.

Explanation:

Asymmetric information refers to when one party in a transaction has a substantial more amount of information than the other party. This being the case it can be said that the scenario that would most likely be classified as this is a wireless service that includes unlimited minutes and texting. This is because the buyer is most likely thinking that they are getting a great deal when in fact the seller/provider has access to information that the buyer does not know, which allows them to provide this deal and still make a great profit.

5 0
3 years ago
ABC, Inc.'s income statement shows Service Revenue of $40,000, Wages Expense of $25,000 and Net Income of $1,000. The other expe
Temka [501]

Answer:

A) $14,000.

Explanation:

In the profit or loss statement, the key elements are sales and expenses and the net of these two gives the net income.

Given

Service Revenue = $40,000,

Wages Expense = $25,000

Net Income = $1,000

Total expense = $40,000 - $1,000 = $39,000

The total expense is made of the wage expense and other expenses.

Therefore, other expenses = $39,000 - $25,000

= $14,000

3 0
3 years ago
A company produces and sells 6,400 recliners each year. Each production run has a fixed cost of $400 and an additional cost of $
Taya2010 [7]

Answer:

800 Recliners

Explanation:

Calculation for the optimal number of recliners the company should make during each production run

Using this formula

Economic Order Quantity (EOQ) =√ [(2 D x S) / C]

Where,

Annual Demand (D) = 6,400 Recliners

Fixed Ordering Cost (S) = $400

Carrying cost per recliner (C) = $8

Let plug in the formula

Economic Order Quantity (EOQ)= √[(2 x 6,400 x $400) / $8]

Economic Order Quantity (EOQ)=√$5,120,000/$8

Economic Order Quantity (EOQ)=√$640,000

Economic Order Quantity (EOQ)= 800 Recliners

Therefore the optimal number of recliners the company should make during each production run will be 800 Recliners

8 0
2 years ago
If a policy change causes a pareto improvement, is the outcome necessarily pareto efficient? if a policy change causes a pareto
motikmotik

If a policy change causes a Pareto improvement, is the outcome necessarily Pareto efficient if a policy change causes a Pareto improvement, then the outcome is not necessarily Pareto efficient this is because another change in the policy could cause another Pareto improvement.

A Pareto development is a development of a device whilst an alternative in the allocation of goods harms no person and advantages as a minimum one character. Pareto enhancements also are called "no-brainers" and are generally predicted to be rare, due to the plain and effective incentive to make any available Pareto development.

Factors that lie within the PPF display an inefficient or below-usage of resources – this is Pareto inefficient. A Pareto development way that output of both products can increase as we move from inside the PPF to factors at the PPF boundary.

Learn more about Pareto  here:

brainly.com/question/7304310

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4 0
2 years ago
Partial balance sheets and additional iformation are listed below for Sowell Company.
musickatia [10]

Answer and Explanation:

The preparation of the operating activities section is presented below

Cash Flows from operating activities

Net Income $88,000

Adjustment made for non cash items:                  

Depreciation Expense $19,000

Add: Decrease in Account Receivable $15000 ($70,000 - $85,000)

Less: Increase in Inventory   $(5000) ($40,000 - $35,000)

Less: Decrease in accounts payable   $(8000) ($54,000 - $62,000)

Net cash flows from operating activities        $109,000

3 0
3 years ago
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