My-T Fine Company Makes a Surfboard, Which It Sells to Nature

question 16

Essay

My-T Fine Company makes a surfboard, which it sells to Nature Sports Equipment, a distributor. Nature Sports sells the board to Ocean Store, where Pat buys it. Pat gives it to Quinn, who suffers an injury due a defect in the board. If My-T Fine, Nature Sports, and Ocean Store were not negligent, can they be liable to Quinn for the injury If so, on what basis, and for what reasons

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Definitions:

Checking

A banking service allowing customers to deposit, withdraw, and manage funds easily for everyday transactions.

External Document

This refers to documents created outside the organization, such as legal contracts, government regulations, or external reports, that might have an influence on the business operations or procedures.

Cash Payments

Transactions involving the outflow of cash to settle obligations or purchase goods and services.

Voucher System

A control mechanism in accounting where vouchers are created for all transactions that involve the payment of cash or transfer of funds.