Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 01, 2021

A doctrine that holds that the manufacturer of a product has legal responsibilities to compensate the user of that product for injuries suffered because of

A doctrine that holds that the manufacturer of a product has legal responsibilities to compensate the user of that product for injuries suffered because of the product s defective condition is known as ?

Step by Step Solution

★★★★★

3.45 Rating (158 Votes )

There are 3 Steps involved in it

Step: 1

Strict product liability is the concept that the seller of a product h... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Basic Finance An Introduction to Financial Institutions Investments and Management

Authors: Herbert B. Mayo

10th edition

1111820635, 978-1111820633

More Books

Students also viewed these Marketing questions

Question

★★★★★

The manufacturer of a product that has a variable cost of $2.50 per unit and total fixed cost of $125,000 wants to determine the level of output necessary to avoid losses. a. What level of sales is...

Answered: 1 week ago

Question

★★★★★

The manufacturer of a product that is subjected to repetitive cycles has specified that the product should be removed from service when any crack reaches 15% of the critical crack length required to...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

The potential losses are sorted in the following table. The absolute VaR is 8 Million. What is the relative expected shortfall from the mean? Sorted returns Returns ( Million) -12 -10 -8 -6 -4 -3 -1.5

Answered: 1 week ago

Question

★★★★★

Whether the faculty in a particular college differ from nationwide faculty in three locations from which they earned their undergraduate degrees. There were 382 faculty at this college. The %2...

Answered: 1 week ago

Question

★★★★★

Visit www.planalytics.com which was discussed in the chapter opener. View one or more of their client success videos and write a report on how, exactly, weather-based situational marketing is used by...

Answered: 1 week ago

Question

★★★★★

Assume that X is a continuous random variable with distribution function where a > 0, ???? > 0, and ???? are known parameters of this distribution. Find the density function of the random variable...

Answered: 1 week ago

Question

★★★★★

In the following summary of data for a payroll period, some amounts have been intentionally omitted: Earnings: 1. At regular rate ....... ? 2. At overtime rate .. $135,000 3. Total earnings ....... ?...

Answered: 1 week ago

Question

★★★★★

Create a multi-dimensional array that stores the information of 50 students. Each student is evaluated according to the below percentages: 10 Lab homework's >%20 2 Quiz ->\%20 1 Midterm Exam >%20 1...

Answered: 1 week ago

Question

★★★★★

Beth and Kate are in partnership. Their financial year ends on 31 December. On 1 January 205 their capitals were: Beth $90,000 and Kate $70,000. The uncompleted current accounts for the year ended 31...

Answered: 1 week ago

Question

★★★★★

I had a test but some reason this question one anwser is wrong, which one is???

Answered: 1 week ago

Question

★★★★★

Management at the Terrain Corporation is implementing a new just-in-time production system to achieve and maintain low inventory levels. This will help the company to reduce costs and increase...

Answered: 1 week ago

Question

★★★★★

Risk-neutral probabilities are always Select one: O equal to atomic prices O less than physical probabilities O equal to forward atomic prices O negative O equal to physical probabilities

Answered: 1 week ago

Question

★★★★★

its in-coming taxi Sh. H. Mukherjee constructed a building on 30th June, 2011. It had two flats of equal dimensions. One flat was let out to a tenant for residential purpose on a monthly rent of Rs...

Answered: 1 week ago

Question

★★★★★

Which of the following constitute barriers to training evaluation? a. Too much trainer expertise and lack of stakeholder interest or accountability. b. Ability to access key stakeholders and...

Answered: 1 week ago

Question

★★★★★

Find and post an article, video, or interview on why Compliance is important in an organization. Explain why you selected the particular document or materials.

Answered: 1 week ago

Question

★★★★★

Group 2. Each student in this group 2 is to complete the following (1) Create an individual post by clicking "Reply" below. In the subject heading, put "Group 2: your last name. Do p3-23, but please...

Answered: 1 week ago

Question

★★★★★

Perform the indicated operations. In designing a cam for a fire engine pump, the expression is used. Simplify this expression. (3) (3 4 32

Answered: 1 week ago

Question

★★★★★

From the following information, construct a simple income statement and a balance sheet: Sales..................$1,000,000 Finished goods.............200,000 Long-term debt.............300,000 Raw...

Answered: 1 week ago

Question

★★★★★

Redo the cash budget in Exhibit 24.1. a. Assume that the desired minimum level of cash is $4,000 instead of $10,000. What is the change in the firms need for funds? b. Assume that 60 percent of sales...

Answered: 1 week ago

Question

★★★★★

If $1 million face amount of commercial paper (270-day paper) is sold for $982,500, what is the simple rate of interest being paid? What is the compound annual rate?

Answered: 1 week ago

Question

★★★★★

In which of the following situations is an information asymmetry likely to cause problems? a. Parents know more than their children about how to write a good college application. b. People who book...

Answered: 1 week ago

Question

★★★★★

In which of the following situations is an information asymmetry likely to cause problems? a. Cab drivers know the shortest route to any destination better than their passengers do. b. Managers cant...

Answered: 1 week ago

Question

★★★★★

Walter wants to signal his devotion to Emily. He has $75 and is considering a bracelet for Emily or a tattoo for himself of her name. Which is the more effective \ signal?

Answered: 1 week ago

Previous Question Next Question