Case summary: The person D purchased a new F-250 pickup truck from the company D and asked for a lift kit to be installed before the delivery of the truck. Further, the person D also replaced the tires and modified the suspension system to increase the towing capacity. Later, the person D sold the truck to a person S, through a person B who altered the truck by repairing the steering stabilizer and replacing the tires. Post two months, while driving the truck, the steering and suspension failed suddenly, causing the person S to be severely injured.
To find: The basis on which the person S can file a case against persons D and B.
Trending nowThis is a popular solution!
Chapter 7 Solutions
Bundle: The Legal Environment Of Business: Text And Cases, 10th + Mindtap Business Law, 1 Term (6 Months) Printed Access Card
- Accounting answer pleasearrow_forwardAt the beginning of the year, a company estimates total direct materials costs to be $800,000 and total overhead costs to be $1,000,000. If the company uses direct materials costs as the allocation base for overhead, what is the predetermined overhead rate it should use during the year?arrow_forwardProvide answerarrow_forward
- What is the capital gain realized?arrow_forwardSuppose Columbia Sportswear Company had accounts receivable of $312,680,750 at January 1, 2018, and $225,953,480 at December 31, 2018. Assume sales revenue was $1,356,560,230 for the year 2018. What is the amount of cash receipts from customers in 2018?arrow_forwardI need help with this general accounting question using standard accounting techniques.arrow_forward
- cost accountingarrow_forwardDuring its first year. Raymond, Inc., showed a $33 per unit profit under absorption costing but would have reported a total profit of $19,300 less under variable costing. If production exceeded sales by 825 units and an average contribution margin of 77% was maintained, what is apparent: a. Fixed cost per unit? b. Sales price per unit?helparrow_forwardcorrect answer pleasearrow_forward
BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage Learning
Accounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education