Clorox sells five major product lines including cleaning, household, lifestyle, professional, and international. Together the product lines make up Clorox's ________
A) product length
B) product mix
C) product depth
D) product consistency
E) product assemblage
B
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A stock generally issued by companies expected to provide an uninterrupted stream of dividends and good, long-term growth prospects is called a(n):
A. blue-chip stock. B. growth stock. C. income stock. D. defensive stock. E. cyclical stock.
Which of the following statements is true about strict liability in tort?
A) Product liability actions based on strict liability in tort focus on the producer or manufacturer. B) To succeed in a strict liability action, the plaintiff must prove that the defendant did not exercise the degree of care that is reasonably expected under those circumstances. C) A failure by the manufacturer or seller to adequately warn of a risk or hazard associated with the product can be used by the plaintiff to establish that the product is defective. D) To be successful in a strict liability action, the plaintiff must prove that the product developed a defect before it was sold.
Suppliers are also known as ________
Fill in the blanks with correct word
Fact Pattern 23-1BSociedad Guarantia (SG), a Mexican firm, borrows $1 million from Tri-national Bank, a U.S. firm. Later, SG files for bankruptcy under Mexican law and asks the Mexican court to order the reimbursement of payments on the loan. Tri-national files a suit against SG in a U.S. court, arguing that the funds do not belong to SG.Refer to Fact Pattern 23-1B. The U.S. court in Tri-national's suit is most likely to apply the principle of comity because
A. the actions of foreign nations "taken in connection with commercial activities" are exempt from the jurisdiction of U.S. courts. B. the bankruptcy proceedings in the Mexican court appear to be fundamentally fair and not in violation of U.S. public policy. C. the courts of one country will not review the validity of acts by the courts of another country within their own jurisdiction. D. the nations of the world are constitutionally bound to honor the actions of each others' courts.