Michael wanted to build a small princess castle for his daughter in the backyard
He decided to turn it into a do-it-yourself project, so he bought the disassembled parts of the castle from Big Ben Forts Inc However, after the purchase, he found that the manual provided by the company gave vague directions that were hard to understand. He built the castle by following the manual, but after a few days the castle collapsed and injured his daughter who was playing inside. Which of the following actions can Michael take in this situation?
A) He can file a negligence lawsuit against the store from which he bought the castle.
B) He can file a strict liability lawsuit against Big Ben Forts for failure to warn about the possible dangers of the product.
C) He can file a strict liability lawsuit against Big Ben Forts for failure to provide adequate instructions on assembling the product.
D) He can sue Big Ben Forts for defects in the packaging of their products.
C
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Polynesia Company manufactures sonars for fishing boats
Its Model 70 sells for $300. Polynesia produces and sells 5,700 of them per year. Cost data follow: Variable manufacturing $100 per unit Variable selling and administrative $17 per unit Fixed manufacturing $290,000 per year Fixed selling and administrative $150,000 per year Arthur Bailey, the sales manager, wants to offer a special sale to a new customer that outfits boats. He proposes a sale of 41 units at a special price of $148 per unit. Arthur believes that it will not affect the company's regular sales in the long run because it is a one-time transaction. The sale will require the normal variable costs, both selling and administrative costs and manufacturing costs, but will not impact the fixed costs. The president of the company has some reservations but finally agrees to make the deal if and only if it adds a minimum of $1,500 to operating income. Based on the president's criteria, Polynesia will not make the offer. Indicate whether the statement is true or false
When Yahoo! began to flounder in 2001, CEO Terry Semel imposed a more conservative atmosphere on the freewheeling Internet start-up. At the new Yahoo!, spontaneity is out and order is in. Identify this organizational phenomenon
What will be an ideal response?