Reference no: EM131621182

Enstrom purchased an aircraft from the Interceptor Corporation. When the aircraft crashed due to a design defect, Enstrom sued Interceptor.
However, when Enstrom found out that Interceptor's assets had been purchased by the Interceptor Company (IC), it asked the court to join IC as a new defendant. IC argued that it was a different corporation involved in a different business.

IC further a r gued that it had simply purchased the assets of Interceptor and was now involved in selling those assets, like the aircraft, to other buyers, like Enstrom . IC concluded that it was therefore not liable to Enstrom. Was IC correct? Why or why not?