A, a wholesale distributor, sells to B, a retail dealer, a set of defective tires manufactured by X, a reputable manufacturer. Both A and B believed the tires to be in perfect condition, although neither party has inspected the tires. C purchases the tires from B and is injured because the defective tires blew out. Who, if anyone, is liable to C in strict liability?
A) A, B, and X share liability to C under strict liability.
B) Only X, who manufactured the tires, has strict liability.
C) Only B, who sold the defective tires to C, has strict liability.
D) No one has strict liability in this case.
A
You might also like to view...
Sponsorships are typically used to accomplish each of the following objectives, except:
A) enhance a company's image B) increase a firm's visibility C) increase total product offerings D) differentiate a company from its competitors
Which of the following types of auctions "shields the brand" of the seller?
A) English auction B) Name Your Own Price auction C) Dutch auction D) penny auction
For all waiting lines, P0 + Pw = 1
a. True b. False Indicate whether the statement is true or false
A firm arranges a discount loan at a 12 percent interest rate, and borrows $100,000 for one year. The stated interest rate is ________ and the effective interest rate is ________.
A) 12.00%; 12.00% B) 13.64%; 12.00% C) 12.00%; 13.64% D) 12.00%; 10.71%