subject
Business, 30.05.2021 03:50 Jaylen52709

For Son's seventh birthday, Father bought Son a small bicycle at Hardware. The bicycle was manufactured by Bikeco. A week later, Son's sister, Sis, age 17, returned home from college for Thanksgiving vacation. Son asked Sis to get out his new bicycle so he could show her how well he could ride it. Sis went to the garage, sat on the bicycle seat and began to "walk" the bicycle between the two family cars and out of the garage. As Sis neared the doorway of the garage, the rod on which the seat was mounted snapped, causing Sis to fall backward over the bicycle and to suffer severe injuries. Friend, standing a few feet from Sis, was horrified and sickened as he saw what happened to Sis, but suffered no other harm. Most bicycle manufacturers make the supporting rods for seats from a metal which is much stronger for that purpose than the metal used by Bikeco. The use of the stronger metal increases the cost of manufacture by about $1.50 a bicycle. 23. If Sis asserts a claim against Bikeco based on strict liability in tort the likely result is Sis will: (A) recover, if use such as hers was foreseeable. (B) recover, because Bikeco can spread the risk of loss. (C) not recover, if the bicycle was intended for use by small children. (D) not recover, because the bicycle was purchased for Son.

ansver
Answers: 3

Another question on Business

question
Business, 23.06.2019 00:00
1. consider a two-firm industry. firm 1 (the incumbent) chooses a level of output qı. firm 2 (the potential entrant) observes qı and then chooses its level of output q2. the demand for the product is p 100 q, where q is the total output sold by the two firms which equals qi +q2. assume that the marginal cost of each firm is zero. a) find the subgame perfect equilibrium levels of qi and q2 keeping in mind that firm 1 chooses qi first and firm 2 observes qi and chooses its q2. find the profits of the two firms-n1 and t2- in the subgame perfect equilibrium. how do these numbers differ from the cournot equilibrium? b) for what level of qi would firm 2 be deterred from entering? would a rational firm 1 have an incentive to choose this level of qi? which entry condition does this market have: blockaded, deterred, or accommodated? now suppose that firm 2 has to incur a fixed cost of entry, f> 0. c) for what values of f will entry be blockaded? d) find out the entry deterring level of q, denoted by q1', a expression for firm l's profit, when entry is deterred, as a function of f. for what values of f would firm 1 use an entry deterring strategy?
Answers: 3
question
Business, 23.06.2019 01:00
Corporation had a japanese yen receivable resulting from exports to japan and a brazilian real payable resulting from imports from brazil. gracie recorded foreign exchange gains related to both its yen receivable and real payable. did the foreign currencies increase or decrease in dollar value from the date of the transaction to the settlement date?
Answers: 2
question
Business, 23.06.2019 02:40
Exercise 6-2 variable costing income statement; explanation of difference in net operating income [lo6-2] ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $970. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 200 units sold 180 units in ending inventory 20 variable costs per unit: direct materials $ 130 direct labor $ 300 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 63,000 fixed selling and administrative $ 25,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 174,600 cost of goods sold 139,500 gross margin 35,100 selling and administrative expense 27,700 net operating income $ 7,400 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing.
Answers: 2
question
Business, 23.06.2019 08:00
Using an organization with which you are familiar, identify its corporate culture and the elements of its observable culture. what do you think would need change in order to facilitate innovation? what role would organizational development play in overcoming resistance to change?
Answers: 3
You know the right answer?
For Son's seventh birthday, Father bought Son a small bicycle at Hardware. The bicycle was manufactu...
Questions
question
Business, 19.06.2021 16:20
question
Mathematics, 19.06.2021 16:20
question
English, 19.06.2021 16:20
question
English, 19.06.2021 16:20
question
Mathematics, 19.06.2021 16:20
Questions on the website: 13722363