Compare between product liability in domestic law and the CISG
What will be an ideal response?
Under domestic law, to prove product liability the injured buyer must typically show (1) that the goods failed to conform to the contract, (2) that the damage resulted from the defect, and sometimes (3) the buyer must also show that the seller failed to exercise due care, especially if the suit involves a claim of negligence. Under the CISG, however, a remedy is available if the goods failed to conform to the contract (Article 35) and damage resulted from the defect (Article 74).
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a. too long b. too complex c. both of the above d. none of the above
Drexel Corporation has been enjoying a phenomenal rate of growth since its inception one year ago. Currently, its assets total $100,000
If growth continues at the current rate of 12% compounded quarterly, what will total assets be in 2 1/2 years? (Round to the nearest whole dollar) A) $142,571 B) $126,678 C) $148,016 D) $136,855 E) $134,392