Those who can be held liable on a theory of product liability for physical harm or property damage caused by defective goods include all of the following except
A) ?a lessor of the goods
B) ?themaker of the goods.
C) ?aseller of the goods.
D) ?auser of the goods.
D
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An advantage that effective teams can bring to organizations is ______.
A. higher quality leader and follower exchanges B. reduction in overtime worked C. more innovative and creative success D. cost benefits
What does the term "reverse piercing" reference in regard to a corporation and its shareholders?
a. Holding a corporation liable for debts of a shareholder b. Holding a shareholder liable for debts of a corporation c. Holding a corporation liable for debts of a shareholder and holding a shareholder liable for debts of a corporation d. Holding a corporation liable for debts of a shareholder, holding a shareholder liable for debts of a corporation, and holding officers liable for debts of a corporation.
Diego, a widower, dies intestate, leaving two surviving children and two grandchildren who are children of his deceased daughter. If Diego's surviving children each take one-third of his estate and the grandchildren each take one-sixth of the estate, this is described legally by the statement that:
A) lineal descendants of predeceased children take property per stirpes. B) lineal descendants take property per capita. C) collateral heirs take the property per stirpes. D) lineal descendants and collateral heirs take the property per capita.
Answer the following statements true (T) or false (F)
1. Payments to suppliers include items such as employee compensation, interest and income taxes. 2. Cash payments for inventory are computed as– Total inventory purchased plus a decrease in Accounts Payable OR minus an increase in Accounts Payable. 3. Tumbler, Inc. reports cost of goods sold $65,000, an increase in inventory of $12,000 and an increase in accounts payable of $8,000. Cash paid for inventory was $69,000. 4. Cougs Co. reports cost of goods sold $40,000, an increase in inventory of $15,000 and a decrease in accounts payable of $5,000. Cash paid for inventory was $50,000. 5. Over time, if the cash conversion cycle for a business grows longer, this is an indication that they are holding cash too long.