Quantum Tools Corporation (QTC)makes Hammers and Other Tools

question 47

Multiple Choice

Quantum Tools Corporation (QTC) makes hammers and other tools.Rita is injured while using a QTC hammer.She sues the company for product liability based on negligence.To defend successfully against the suit,QTC may show that

• A)QTC did not sell the hammer to Rita.
• B)Rita misused the hammer in a foreseeable way.
• C)Rita's injury resulted from a commonly known danger.
• D)the hammer was not altered after QTC sold it.

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Definitions:

Utils

An imaginary unit of measurement used in economics to represent the satisfaction or utility received from consuming goods and services.

Marginal Utility

An additional amount of satisfaction gained from consuming an extra unit of a good, highlighting the concept of diminishing returns.

Total Utility

The total satisfaction received from consuming a certain amount of goods or services.

Corn Dogs

A popular snack consisting of a hot dog coated in a thick layer of cornmeal batter and deep-fried.