Which of the following statements is true of defenses to a strict product liability action?
A) Product misuse is available as a defense to a strict product liability action.
B) Assumption of the risk is not permitted as a defense to a strict product liability action.
C) The state-of-the-art defense is generally allowed in a strict product liability action.
D) The state-of-the-art defense in a strict liability action requires testimony from an expert witness.
A
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How much were Durand's period costs?
The following information was obtained from Durand, Inc.:
A) $462,540
B) $506,010
C) $13,710
D) $503,900
Financial position may be assessed by referring to a balance sheet
Indicate whether the statement is true or false
Which of the following allows someone to obtain an exclusive monopoly on the ideas behind an invention for 20 years?
A. copyright law B. trade secret law C. patent law D. trademark law
Consider the Demand for Microwave Ovens dataset. What is the total demand corresponding to random numbers 32, 71, 38, 10, 27, and 42?
a. 8
b. 9
c. 10
d. 11