Farm Equip, Inc., makes farming machinery. Gail discovers that her Farm Equip tractor is defective and sues the maker for product liability based on negligence. To win, Gail must show that
A. Farm Equip sold the tractor to Gail.
B. Gail knew and appreciated the risk caused by the defect.
C. Gail suffered an injury caused by the defect.
D. the "defect" was a commonly known danger.
Answer: C
You might also like to view...
MVB Inc.obtains a return of 9.8% from assets worth $248.5 million. Calculate its net profit
A) $105.9 million B) $36.8 million C) $24.3 million D) $76.2 million E) $60.4 million
Which of the following is true of electronic mediation or e-mediation?
A. The parties and the mediator communicate through email. B. Private conversations between the mediator and the parties are not possible. C. A chat room is assigned for conversations between both parties and the mediator. D. Settlement cannot be reached without paying substantial lawyers' fees and court costs.
Joe Bergerson makes and sells maple racks for cooling cakes and cookies. Joe knows that it costs $15 to make one rack, and he wants to earn a 25 percent profit on each rack. Which approach to pricing is Joe most likely to use?
A) demand-based pricing B) target costing C) cost-plus pricing D) yield management pricing E) value pricing
Which of the following is a form of objection that a state can raise against complaints brought against them?
A. expropriation B. arraignment C. lack of nationality D. negligence