Explain the features of Section 402A of the Restatement of Torts (Second)


The Restatement of Torts (Second) Section 402a states:
(1.) One who sells any product in a defective condition unreasonably dangerous to the user or consumer or to his property is subject to liability for physical harm thereby caused to the ultimate user or consumer or to his property, if a the seller is engaged in the business of selling such a product, and b. it is expected to and does reach the user or consumer without substantial change in the condition in which it is sold.
(2.) The rule stated in Subsection (1) applies although (a.) the seller has exercised all possible care in the preparation and sale of the product, and (b.) the user or consumer has not bought the product from or entered into any contractual relation with the seller.

Business

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All of the following are examples of communication noise except:

A) driving while listening to the radio B) scanning the newspaper for articles to read C) scrolling past Internet ads without looking at them D) examining an advertisement in a magazine

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Identify four internal and external users of accounting information. Provide a specific example of how accounting information might be used by each

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As the number of communication media has increased, the task of understanding how best to reach target customers has become easier.

Answer the following statement true (T) or false (F)

Business

Which of the following demonstrates how logistics has an effect on the product element of the marketing mix?

A. utilizing volume discounts B. shipping goods in full rather than partial vehicles C. deciding to reduce the amount of inventory in the warehouse D. providing feedback on product packaging E. deciding which mode of transportation to employ

Business