In 1992, the North Carolina Supreme Court ruled in a case entitled Goodman v. Wenco Foods, Inc, that when a substance in food causes injury to a consumer of the food, it is not a bar to recovery against the seller that the substance was natural to the food. If, in a 2008 case involving a consumer's injury caused by a fish bone in a bowl of fish chowder, the court followed the decision in Goodman
v. Wenco Foods, Inc, the court's action in the second case is an example of
a. stare decisis.
b. statutory law.
c. public law.
d. criminal law.
a
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Annual-plan control requires making sure the company isn't overspending to achieve sales goals. The key ratio to watch is ________
A) stock turnover B) gross margin C) return on capital D) cash flow return on investment E) marketing expense-to-sales
You should quote only the _______________ passages
a. misunderstood b. verified c. authorized d. key or relevant
Return on equity increases when the expected rate of return from the acquired assets is ________than the rate of interest on the bonds used to finance the asset acquisition.
What will be an ideal response?
According to Barney, which of the following mechanisms is important in how firms create value?
a. Stock-picking b. Competitive positioning c. Capability-building d. None of the above