Which of the following statements is true about the strict liability doctrine?
A) Privity of contract between the injured party and defendant is mandatory.
B) Injured bystanders cannot recover damages under the strict liability doctrine.
C) Parties in the chain of distribution are strictly liable only to the customer who buys the product.
D) Injured bystanders are entitled to the same protection as the consumer or user.
D
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A department may accumulate gross profit information by maintaining
a. separate general ledger accounts for each element (account); b. one general ledger account for each element (account); c. a master chart of accounts for the business; d. both A and B; e. none of these
Which school of jurisprudential thought emphasizes using law as a tool for market efficiency while solving legal disputes?
A) the Critical Legal Studies School of jurisprudence B) the Command School of jurisprudence C) the Sociological School of jurisprudence D) the Law and Economics School of jurisprudence
The United Nations Environment Program was created upon the recommendation of the Stockholm Declaration
Indicate whether the statement is true or false
Roberto obtains an exclusive franchise to sell widgets for the Acme Widget Company. The exclusive franchise covers the entire State of Wisconsin for a period of three years. In this case:
a. the manufacturer is obligated to use his best efforts to supply the goods even if no such clause appears in the written franchise agreement. b. Roberto has an implied obligation to use his best efforts to promote the sale of the widgets. c. under the UCC, such an agreement lacks consideration. d. Two of these but not all three.