Suppose you are in the business of making ladders. A customer places a board plank between two of your ladders as a scaffold. One of the ladders fails, causing your customer to fall and break a leg. Are you responsible for your customer's losses? How can you protect yourself from lawsuits in such cases?
Answer to relevant QuestionsYou are considering offering credit to good customers to increase sales. What things should you consider to limit your risks if you do? Can you think of anything you could have said to your lawyer to get a better outcome during the negotiation with 50 Cent? 1. What are Tim’s choices at this point? 2. What do you think Tim means when he asks if there is an “entrepreneurial way to handle this?” 3. If there is no infringement, but the injunction was brought to slow down a ...As mentioned by Dr. David Gage, clinical psychologist, "Families don't need written guidelines to operate, but family businesses do.” What are some initial guidelines that should be defined in the family business? 1. What is the difference between rewarding employees in an entrepreneurial role as opposed to being in a corporate role? 2. Discuss Debbie and Les Busfield’s view on hiring employees. What type of employees is successful ...
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