Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) Buick was not responsible to the consumer because it did not make the defective wheel
B) the wheel manufacturer was liable for negligence for making a defective wheel
C) Buick was not liable because it did not have privity with MacPherson,the buyer
D) Buick was not liable;the dealer was liable as the seller of the finished product
E) none of the other choices
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) two systems bear no comparison
B) two systems have major differences
C) two systems are not all that different in results
D) Japanese tort system is far superior in protecting consumers
E) American tort system if far superior in protecting consumers
Correct Answer
verified
Multiple Choice
A) implied
B) valid
C) express
D) rapid
E) none of the other choices are correct
Correct Answer
verified
Multiple Choice
A) ultimate risk factor test
B) risk-utility factor test
C) risk-liability factor test
D) knowledge of risk test
E) none of the other choices are correct
Correct Answer
verified
Multiple Choice
A) problems with the court process
B) integrity of the manufacturer
C) the rationality of the conduct of the manufacturer
D) the appropriateness of the conduct of the manufacturer
E) none of the other choices are correct
Correct Answer
verified
Multiple Choice
A) fraud
B) manipulation of the securities market for personal gain
C) predatory behavior
D) defamation of a competitor
E) all of the other choices
Correct Answer
verified
Multiple Choice
A) defect in the product was the proximate cause of injury
B) product in question was defective
C) defect in a product caused it to be unreasonably dangerous
D) losses were suffered
E) all of the other choices
Correct Answer
verified
Multiple Choice
A) imposing strict liability in tort
B) making the consumer prove the manufacturer's negligence
C) allowing protection for manufacturers who did not warrant perfection of their products
D) of strict liability in case of express warranty of safety
E) none of the other choices
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) not liable in either tort law or contract law
B) liable in tort law to any injured consumer if negligence by the producer could be shown
C) liable in tort law to consumers who bought the good under the rule of strict liability
D) liable in contract to all consumers who used the product under the rule of res ipsa loquitur
E) none of the other choices
Correct Answer
verified
Multiple Choice
A) the existence of a prospectus
B) the existence of a warranty
C) the existence of negligence
D) the existence of an assault
E) the existence of an arbitration clause
Correct Answer
verified
Multiple Choice
A) a cost-benefit analysis
B) strict liability when any injury is inflicted
C) a risk-utility balancing
D) the rule of negligence
E) none of the other choices
Correct Answer
verified
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