Answer appropriately.

• **BUSINESS LAW CLASS**
• Read the chapter on Torts and Strict Liability (Ch. 6 of your 8th edition textbook.)
• Read the Mcdonald's case and summarize with an emphasis on the legal issues. Answer the questions:
• 1. Describe your (thoughtful) opinion of tort law.
• 2. Advantages of tort law for businesses?
• 3. Advantages of tort law for consumers?
• 4. Disadvantages of tort law for businesses?
• 5. Disadvantages of tort law for consumers?
• 6. Describe your understanding of who benefits from tort law protections?
  

. How does law reflect society's attitudes? . What is the significance of the law to the business environment? . How should business approach the management of legal risks? . What is the relationship between the law and business ethics? . Who makes law? . How do courts decide whether the legislation is valid under the Constitution? . What else do courts do? . How does the Charter of Rights and Freedoms protect our human rights? . Why is the Charter relevant for business? . What is the purpose of a code of conduct? . How does law impact international business activities?M Studios is studying its revenue to determine where its greatest growth has been. The business started 10 years ago, and a summary of tales sink- " do lowes Danaid the Smal answers to 1 decimal place.) Consumer Price Photographic Supplies Index of Year Index (2002 168) (in thousands) 2097 Photographic Services 123.6 165 162 125.3 191 2069 127.4 205 2018 130.3 231 2011 133.1 246 2012 134.3 261 2013 137.0 281 163 a. Make whatever calculations are necessary to compare the trend in revenue from 2007 to 2013 Photographic Supplies Inded of Photographic Year CPI Index ( in thousands) Index Services Index 2007 123.6 100.0 185 2008 125,3 2009 127.4 205 2010 130.9 2011 133,1 246 2012 134,3 161 2013 137.0 281 183 b. Interpret The Increase in the CPI is from 2007 to 2013. The increase in the sales of photographic supplies IsI and theQuestion 17 of 75. Which of the following items are NOT listed property? O Airplane, bus, Lyft vehicle, motorcycle, taxi, train, Uber vehicle. Computer used exclusively in a regular place of business that was placed in service on July 27, 2018. Photographic, phonographic, communication and video recording equipment. Computer used exclusively in a regular place of business that was placed in service on January 12, 2017. Mark for follow up Question 18 of 75