As a Result of an Explosion While Plugging the Wonder

question 6

Multiple Choice

As a result of an explosion while plugging the Wonder "C" Model widget into an electrical socket, Tina was left in a coma for nine years. When she regained consciousness, she wished to bring legal action against the manufacturer, ACME Widget Co., for her injuries. She did not remember much about the events that surrounded the explosion. While doing some research for her case she discovered that there had been an electrical storm on the evening she was using the Wonder "C" when it exploded. Which of the following legal principles would the manufacturer of the widget not be entitled to use?

• A) doctrine of laches
• B) res ipsa loquitur
• C) contributory negligence
• D) act of God
• E) volenti non fit injuria

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Definitions:

Output Effect

The impact on the total production/output of a firm or economy as a result of changing price levels, often referring to the relationship between price changes and quantity supplied.

Price Effect

The impact on consumer demand and supply resulting from changes in the price of goods or services.

Profit-Maximizing Decision

A profit-maximizing decision is a strategic choice made by businesses to ensure the greatest financial return against costs, optimizing profitability.

Oligopoly Market

A market structure characterized by a small number of large firms dominating the industry, often leading to limited competition, and where the actions of one firm can significantly impact the others.