True/false 1. A seller is strictly liable where; the seller of an unreasnably dangerous product could...

True/false

1. A seller is strictly liable where; the seller of an unreasnably dangerous product could have avoided nor reduced the foreseeable risk of harm by adopting a reasonable alternative design, but did not adopt it.

2. Inherent in the idea of democracy is the right to self-determination

3. Foreseeable misuse will not be an adequate defense in product liability if the seller had a way to avoid or reduce the risk to the consumer; for example by placing a conspicous warning on the product.

4.If a plaintiff/consumer alters the product making it unreasonably dangers; the seller is not strictly liable to the injured plaintiff.

Expert Solution

1. True that a seller is strictly liable where; the seller of an unreasnably dangerous product could have avoided nor reduced the foreseeable risk of harm by adopting a reasonable alternative design, but did not adopt it. This comes under product liability.

2. True that inherent in the idea of democracy is the right to self-determination.

3. True that foreseeable misuse will not be an adequate defense in product liability if the seller had a way to avoid or reduce the risk to the consumer. Unforeseeable will be an adequate defense in product liability if the seller had not any way to avoid or reduce the risk to the consumer.

4. True that if a plaintiff/consumer alters the product making it unreasonably dangers; the seller is not strictly liable to the injured plaintiff..

keosha answered 2 years ago

True/False _ The number of accounts on the chart of accounts is strictly limited. _ Every...

True/False _____ The number of accounts on the chart of accounts is strictly limited. _____ Every account on the chart of accounts must be identified by one of the accounting elements _____ An account on the chart of accounts could be both a liability and a revenue. _____ The term prepaid is usually associated with an asset account. _____ Unearned revenue would usually be listed in the asset section of a chart of accounts. _____ The FASB dictates to companies...

1. Explain why the following statement is true or false. 1)“A put seller is at risk...

1. Explain why the following statement is true or false. 1)“A put seller is at risk of losing money if the underlying price increases.” 2)“A call seller is obliged to buy the underlying share at the exercise price.” 2. What is the maximum profit potential if you long a call or put option?

Shareholders are personally liable for debts of the corporation. True False An example of equity financing...

Shareholders are personally liable for debts of the corporation. True False An example of equity financing is when a corporation borrows money from a bank. True False A benefit of owning common stock is Shareholders may receive dividends. Shareholders have the right to vote. Shareholders have residual claims to assets. All of the above. The journal entry to record the issuance of common stock above par value includes A credit to Cash. A debit to Common Stock. A credit to...

Is the following statement true or false and HOW? "If a Seller of Real Estate retains...

Is the following statement true or false and HOW? "If a Seller of Real Estate retains a life estate in the sold property it means that he sold his real estate to a third party but retained the right to own the property until his death."

Answer True or False. A 1 If (Y) is the product of the economy, (C) the...

Answer True or False. A 1 If (Y) is the product of the economy, (C) the consumption, (Ιp) the desired investment, ΔΙs the unwanted change of reserves, and there is no public sector, then the balance is given by the relation Y = C + Ip + ΔΙs. A 2 The investment multiplier shows us how income changes when autonomous investments change and depends positively on the marginal propensity for consumption. A 3 When the economy balances on a "liquidity...

True and False True/False Write True or False before the statement. 1. Gypsum is the brand...

True and False True/False Write True or False before the statement. 1. Gypsum is the brand name for sheetrock. 2. Coreboards and liner boards come in 2-foot widths. 3. Adhesives are not used for bonding gypsum board directly to supports. 4. Supplemental fasteners should be used with contact adhesives. 5. Gypsum panels are applied first to ceilings and then to the walls. 6. The floating angle method of drywall application omits fasteners in the corner intersection of the ceilings and...

1)True or False: Ambiguity is a type of vagueness True False 2)True or False: When determining...

1)True or False: Ambiguity is a type of vagueness True False 2)True or False: When determining whether a report of an argument should be treated as an argument, it is important to consider the context in which the report is made. True True False 3) True or False: In a V argument with two premises, if one of the premises is false, then the argument is definitely weak True False 4) True or False: A report of an argument can...

True or False. When a buyer has a property interest in goods when the seller indicates...

True or False. When a buyer has a property interest in goods when the seller indicates that certain goods are the ones to be delivered to the buyer under the contract.

True or false?(1 point each) When marginal product is less than average product, average product is...

True or false?(1 point each) When marginal product is less than average product, average product is decreasing. In the long run, fixed costs are small. Marginal cost is the increase in total cost that results from a one-unit increase in a variable input. The vertical distance between the average variable cost curve and the average total cost curve equals average fixed cost. Average fixed costs are constant. Perfectly competitive firms are price takers. In the long run, perfectly competitive firms...

True or False Determine if the following statements are true or false. _____ 1. A liquid...

True or False Determine if the following statements are true or false. _____ 1. A liquid takes the volume of its container. _____ 2. Particles of amorphous solids have no definite pattern. _____ 3. A beef steak is an example of a crystalline solid. _____ 4. Viscosity causes water to curve upward at the top rim of a glass. _____ 5. There is more gas than any other state of matter in the universe. _____ 6. All states of matter...

Question