Jetspack manufactures a device that, using a rocket, propels people who are in water, up 40 feet in the air. The device is available in tourist locations such as Newport Beach, California and Honolulu, Hawaii. Before allowing tourists to experience the device, the Jetspack dealers require users to sign a waiver that indicates that they understand the risks in using the device. Which of the
following statements is correct about the liability of the Jetspack manufacturer??
A) ?Because of the waiver Jetspack would have no liability to tourists who are injured while using the device.
B) ?Jetspack would not have liability because the franchises are owned separately and there is no privity of contract between Jetspack and the tourists.
C) ?Jetspack would have liability, despite the waiver, if the Jetspack device malfunctioned.
D) ?None of the above
C
You might also like to view...
Dollar-value LIFO uses
A) current cost only B) cost indexes only C) current cost and cost indexes D) numerous detailed records from either a physical count or perpetual records
Christian Company's sales revenue for 20xx was $144,000 . Christian's product sells for $5.50 and has a 30 percent contribution margin. Christian has fixed costs of $33,000. What is Christian Company's breakeven point in sales dollars?
a. $205,714 b. $110,000 c. $144,000 d. $173,000
Describe the creditor actions that are automatically held in abeyance when the debtor files a bankruptcy petition.
What will be an ideal response?
The operations manager's greatest opportunity to make substantial contributions to the company's environmental objectives occurs during product life cycle assessment
Indicate whether the statement is true or false