Arrow Straight Corporation makes archery supplies. While using an Arrow Straight bow, Jamie is injured due to a defect in the bow that causes an arrow to misfire. Kaley, another archer standing by, is also injured. In a product liability suit based on strict product liability, Arrow Straight may be liable to
A) Jamie and Kaley
B) Jamie only.
C) Kaley only.
D) no one.
A
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Most businesses today determine departmental operating expenses through the use of general ledger accounts for departmental expenses
a. True b. False Indicate whether the statement is true or false
What is an example of an unfair practice which companies do for the purpose of gaining economic advantage?
a. Using inferior quality material in the production of the product b. They exploit child labor c. They keep wages artificially low d. They exploit uneducated people who live in poor nations
Decisions by boards of directors are always consistent with shareholder interests.
Answer the following statement true (T) or false (F)
Fact Pattern 24-2ACommodity Sales Corporation and Resource Purchasing Company enter a contract for a sale of unprocessed silver. Commodity Sales draws a draft unconditionally ordering Resource Purchasing to pay $50,000 to Commodity Sales's order in sixty days. Resource Purchasing signs and dates the draft.Refer to Fact Pattern 24-2A. On this instrument, Commodity Sales is
A. the banker. B. the drawer. C. the maker. D. the trader.