Bob is shopping in carls hardware store when a nail gun in

Assignment Help Cost Accounting
Reference no: EM13370294

Bob is shopping in Carl's Hardware Store when a nail gun in utilize by Dan, one of Carl's employees, fires without warning and hits Bob in the leg. Carl checks the gun and discovers that it was assembled indecently. Bob files a suit against Eagle Tools, Inc., the manufacturer of the gun, for product liability, on ground of strict liability. Evaluate what are the elements for an action based on strict liability? In whose favor is the court likely to rule?

Reference no: EM13370294

Questions Cloud

The president of houston electronics was satisfied with the : the president of houston electronics was satisfied with the companys new product the he versatile cvd. the product is
An ethical dilemma is a situation in which a person must : an ethical dilemma is a situation in which a person must select whether an action although it may benefit the
Schieble corporation provide detachable 5-year warrants to : schieble corporation provide detachable 5-year warrants to buy one share of common stock par value 2 at 30 at a time
Cartwright inc has 1000000 of 10 percent bonds outstanding : cartwright inc. has 1000000 of 10 percent bonds outstanding on december 31 20x8. on 1st january 20x9 adam corp. an
Bob is shopping in carls hardware store when a nail gun in : bob is shopping in carls hardware store when a nail gun in utilize by dan one of carls employees fires without warning
Examine how the sox framework can prevent business model : examine how the sox framework can prevent business model fraud in managerial accounting and financial accounting.
Yuli copters is in business of manufacturing and designing : yuli copters is in business of manufacturing and designing helicopters for commercial military and pleasure use. they
The motor vehicle repair fund of laramee county gives : the motor vehicle repair fund of laramee county gives centralized repair for county-owned vehicles. for the subsequent
You are an employee of buscomm consulting begun as a small : you are an employee of buscomm consulting. begun as a small scale business just a few years ago buscomm has outsourced

Reviews

Write a Review

Cost Accounting Questions & Answers

  Question late in 2009 joan seceda and four other investors

question late in 2009 joan seceda and four other investors took the chain of becker department stores private and the

  What would angie price each cookie

Angie prices the cookies at $3.56 each. Suppose that Angie can sell cracked cookies for $1.10 each. What could Angie price each cookie?

  Write an explanatory essay on capital

Write an explanatory essay on capital. The essay should not exceed two typed pages. be sure to follow an essay format and cover all the relevant topics with regards to capital in an organisation.

  Find its operating profit

The Great Northwest League has provided to buy 80 basketball jerseys for $16 per jersey - If Dick's accepts special order from The Great Northwest League, Find its operating profit

  As of january 1 2011 survival industries inc brought a boat

as of january 1 2011 survival industries inc. brought a boat at a cost of 360000.when purchased the corporation was

  Make-or-buy decisionnbspcurtis corporation is beginning in

make-or-buy decisionnbspcurtis corporation is beginning in manufacture mighty mint a new mouthwash in a small spray

  Value of levered firm

If value of a levered firm is $13,000,000, and value of corresponding unlevered firm is $12,000,000, find out the present value of financial distress costs, if the firm has $5,000,000 of debt outstanding and is in the 40 percent tax bracket.

  What is the initial value of the new tractor

Kapono Farms exchanged an old tractor for a newer model. The old tractor had a book value of $21,500 (original cost of $47,000 less accumulated depreciation of $25,500) and a fair value of $10,900. Kapono paid $39,000 cash to complete the exchange..

  Analyzing activity in inventory accounts

Analyzing Activity in Inventory Accounts and select data concerning operations of Cascade Manufacturing Company for the past fiscal year follow:

  Prepare a schedule that shows the relevant cost

Prepare a schedule that shows the relevant cost of operating the existing equipment versus the cost of operating the new equipment for a four year time period - Should the existing equipment be replaced based upon your quantitative analysis? Explai..

  Bienvenu enterprises reported cost of goods sold for 2010

bienvenu enterprises reported cost of goods sold for 2010 of 1400000 and get earnings of 5200000 at december 31 2010.

  Calculate the cost budget in dollars

Design an input sheet that is the only source of data entry, link the input sheet with all the output sheets (budgets) and design and use formulae for calculating the figures in all the output spreadsheets.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd