List and briefly describe the three types of defects that are the cornerstone of a person's case in a lawsuit for product liability based on a defective product
The three types of defects that incur liability are: (a) manufacturing defect?occurs during the construction or production stage; (b) design defect?the product design is unsafe due to poor engineering or inferior materials; and (c) marketing defect?failure to warn consumers of hidden dangers.
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An official code of ethics is often available on the company's website
Indicate whether the statement is true or false
Which of the following is a defence to an action on a guarantee?
A) Misrepresentation B) Non estfatum C) Lack of independent legal advice D) Both A and B E) All of the above
If the goods that are the subject of a sale are in the possession of a bailee and are to be delivered without being moved, when does the risk of loss pass to the buyer?
a. At such time as the contract of sale was entered. b. At such time as the buyer receives the negotiable document of title. c. When the seller tenders a nonnegotiable document of title to the bailee. d. When the bailee is orally notified of the sale.
The Garden State Manufacturing Company is attempting to coordinate activities by establishing routines and standard operating procedures that remain in place over time. This is an example of coordination by mutual adjustment.
Answer the following statement true (T) or false (F)