Case summary: Person DH was hunting deer standing on the strap which held him high on the tree. Person DH met with an accident as the strap failed that costed him his life. Company SBI has the main task of selling and making of the deer stand and person KK is the manager and sole member of the company. Person D and RH, the children of DH, filed a case in the state court against SBI and KK. They sought the recovery of the damages. KK filed a motion for summary judgment claiming that he was not liable for the death of DH.
To find:The reason behind the allowance and encouragement of law that limits the liability of the owner and managers of a business organization for the action of the firm.
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Chapter 17 Solutions
The Legal Environment of Business: Text and Cases (MindTap Course List)
- I'm a senior majoring in Business Management at University. Accomplishment: Received Perfect Attendance Award at High School - Situation: - Task: - Action: - Result:arrow_forwardI'm a senior majoring in Business Management at University. Accomplishment: Performed all 4 years in my High School’s Talent Show - Situation: - Task: - Action: - Result:arrow_forwardI'm a senior majoring in Business Management at University. Mistake: Took 5 AP Classes at High School - Situation: - Task: - Action: - Result:arrow_forward
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- Techtronic Inc., a manufacturing company, has just completed an order that Micro Solutions placed for 150 gadgets. The direct material, purchased parts, and direct labor costs for the Micro order are as follows: • Cost of direct materials: $54,000 • Cost of purchased parts: $30,000 • Direct labor hours: 300 hours • • Average direct labor pay rate: $18 per hour Overhead costs were applied at a plant wide overhead rate of 250 percent of direct labor dollars. Compute the total cost of the Micro order.arrow_forwardAccomplishment: Bilingual - Situation: - Task: - Action: - Result:arrow_forwardfinance qnarrow_forward
