Allenby Spares, Inc. is a shop that sells spare automotive parts from various manufacturers. A customer buys a faulty brake manufactured by TurboDiezel, Inc. from Allenby Spares and is involved in an accident due to the use of the faulty brake in his vehicle. Which of the following is true in this situation?
A. Allenby Spares cannot be held strictly liable since the brake was manufactured by TurboDiezel.
B. TurboDiezel cannot be held strictly liable as the company is not the seller in this case.
C. Neither Allenby nor TurboDiezel can be held strictly liable for the faulty brake.
D. Allenby Spares can be held strictly liable for the faulty brake as it is part of the distribution chain.
Answer: D
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Weston Company uses the FIFO method in its process costing system. The first processing department, the Welding Department, started the month with 18,000 units in its beginning work in process inventory that were 50 percent complete with respect to conversion costs. The conversion costs in the beginning work in process inventory were $52,200 . An additional 55,000 units were started into
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Indicate whether the statement is true or false
Improvements in which form of nonstore retailing include touchscreens, credit card readers, wireless payment technology, and better energy efficiency?
A. television home shopping B. telemarketing C. automatic vending D. direct mail E. online retailing