Brandon stroud was driving a golf cart made by textron, inc. the golf cart did not have lights, but textron did not warn against using it on public roads at night. when stroud attempted to cross a road at 8: 30 pm his golf car was struck by a vehicle and he was killed. his estate filed suit against textron alleging strict product liability and product liability based on negligence. the claim was that the golf cart was defective and unreasonably dangerous. what defenses might textron assert?

Abigail spent $100 on a new edition of the personal finance textbook rather than $75 for a used copy. the additional cost for the new copy is called the

You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. the rate on treasury bills is 6%. your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a t-bill money market fund. what is the expected return and standard deviation of return on your client’s portfolio?

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?