Alice's Aspirin Inc, produces and packages aspirin for sale to retail stores. Bob buys a bottle of Alice's aspirin at Dahl's Food Stores. Two days later Bob takes two aspirin and within minutes, becomes very ill and is rushed to the hospital, where it is found that a defect in the aspirin caused the reaction. Which of the following is correct?

a. Bob can sue both Alice's Aspirin Inc. and Dahl's because he suffered personal injury due to the defective product.
b. Bob cannot sue anyone because he assumed the risk of taking the aspirin.
c. Bob cannot sue anyone because he is not in privity with Dahl's or Alice's.
d. Bob can sue but will not be able to recover consequential damages for his medical expenses.


a

Business

You might also like to view...

A debit card is a method of payment whereby a third party, for a fee, removes from the collector the risk of non-collection of the account receivable

Indicate whether the statement is true or false

Business

Eta2 varies between -1 and 1

Indicate whether the statement is true or false

Business

One type of trust is ________-based trust that exists because the parties effectively understand and appreciate each other's wants; this mutual understanding is developed to the point that each can effectively act for the other.

Fill in the blank(s) with the appropriate word(s).

Business

Britney is beneficiary of a $150,000 insurance policy on her father's life. Upon his death, she may elect to receive the proceeds in five yearly installments of $32,000 or may take the $150,000 lump sum. She elects to take the lump sum payment. What are the tax consequences in year one?

A) All $32,000 each year is taxable. B) $10,000 interest is taxable in the first year. C) There is no taxable income. D) The lump sum payment is taxable.

Business