Bill buys a truck and replaces the regular tires with large tires to turn the vehicle into a monster truck. When he tries to drive the truck, the oversized tires cause the truck to roll over and crash
Bill then files a strict liability lawsuit against the truck manufacturer to recover for his injuries. Which of the following is the best defense for truck manufacturer in this lawsuit?
A) government contractor defense
B) assumption of the risk
C) generally known danger
D) supervening event
D
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The market for detergent soaps is more likely to suffer from a decrease in profits due to higher
bargaining power of buyers than the market for mobile phones. Indicate whether the statement is true or false
Which two items are typically omitted from "net operating income" for return on investment (ROI) purposes. Why are these two items omitted?
?The book value per share of Topaz General Ltd. is $10 per share and the company has a total of 4 million shares. Calculate the total book value of common equity of the company.
A. ?$4 million B. ?$10 million C. ?$400 million D. ?$40 million E. ?$100 million
A crime can be committed only against persons
Indicate whether the statement is true or false