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If a manufacturer produces a defective product, sells it to a wholesaler, who sells it to a retailer,

who sells it to a consumer who is injured, which parties in the chain of distribution are potentially liable under strict liability? A) Only the retailer B) Only the party at fault C) Only the manufacturer and wholesaler D) Only the manufacturer E) The manufacturer, wholesaler, and retailer

If you are presented with an offer to accept payment now or a greater amount in the future, you would use (assuming you can invest the money at a known rate)

A) present value of $1. B) future value of $1. C) present value of an annuity. D) Both A and B can be used for this analysis.