Which of the following statements describes a circumstance in which the manufacturer or distributor is liable for selling a defective product according to strict liability in tort?

A) The seller is not engaged in the business of selling the type of product that was found to be defective.
B) The product developed by the manufacturer is expected to reach the consumer or user after undergoing substantial change.
C) The product develops a defect four years after it was purchased by the consumer.
D) The user or consumer has not bought the defective product from or entered into any contractual relation with the seller.


D

Business

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One of the advantages of test marketing is ________

A) the low cost B) the ability to keep information from falling into competitors' hands C) the opportunity to survey prospective customers D) the ability to evaluate a product and its marketing program before commercialization E) the opportunity to sell existing products to a core customer base

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Discuss some of the ways the FTC has curbed online marketing efforts

Business

Which of the following is a source of cash flows?

A) increase in marketable securities B) increase in accounts payable C) decrease in notes payable D) repurchase of stock

Business

Rules and regulations can be incorporated by addendum into a lease agreement

Indicate whether the statement is true or false

Business