What are the pros and cons of high valuation

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1. In its relatively short life span, Uber has attracted a lot of media attention. Why is this? What is it about the Uber business model that is both compelling and polarizing? In addition, why has Uber managed to achieve such a high valuation? What are the pros and cons of a high valuation?

2. Jane is shopping in Texas GunMart when a rifle is being loaded by Anne, one of GunMart’s employees, fires without warning and grazes Jane’s left arm (luckily she is not seriously hurt). GunMart and an independent gunsmith examine the rifle, and discover that it was manufactured improperly by LoneStar Rifles, causing the accidental discharge. Jane files a suit against LoneStar Rifles for product liability, on the ground of strict liability. Outline the elements for an action based on strict liability. Explain and analyze in whose favor is the court likely to rule and why.

Reference no: EM132144955

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