The doctrine of strict liability can be applied to sellers of goods,including manufacturers, but not distributors
Indicate whether the statement is true or false
F
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On June 1, Davis Inc issued an $84,000, 5%, 120-day note payable to Garcia Company. Assume that the fiscalyear of Garcia ends June 30 . Using the 360-day year, what is the amount of interest revenue recognized by Garciain the following year?
a. $700 b. $1,600 c. $1,061 d. $4,200
In a company, the job of a chief privacy officer is to ________
A) ensure timely product deliveries B) detect patent infringements and copyright violations C) safeguard the privacy of a firm's customers D) engage in niche marketing E) safeguard the privacy of senior executives
The Farber Company recorded the following costs of quality during the current period: Downtime$1,500 Inspection 1,000 Product design 4,000 Reliability testing upon completion of production 2,500 Restocking and packaging 1,500 Training 3,000 Warranty repairs and replacements 2,500 Total Costs of Quality$16,000 Which choice below represents the correct amount of prevention and appraisal costs? Prevention AppraisalA)$4,000 $1,000 B)$3,000 $1,000 C)$7,000 $3,500 D)$3,000 $2,500
A. Choice A B. Choice B C. Choice C D. Choice D
Leigh is trying to buy a used car. She knows she will need a certain amount of money to fix the car up the way she wants it afterward, and for that reason she wants a reduction in the price. However, Brent, the car salesperson wants the maximum price he can get for the car and tells her to take it or leave it. This is known as a
a. Win/lose situation of Dissemination bargaining b. Win/lose situation of Assimilative bargaining c. Win/lose situation of Distributive bargaining d. Win/lose situation of Integrative bargaining