Solve the below problem:
Q: Ray fell from a defective ladder while working for his employer. Ray brought suit in strict tort liability against the Alad Corporation (Alad II), which neither manufactured nor sold the ladder to Ray's employer. Prior to the accident, Alad II succeeded to the business of the ladder's manufacturer, the now-dissolved Alad Corporation (Alad I), through a purchase of Alad I's assets for an adequate cash consideration. Alad II acquired Alad I's plant, equipment, inventory, trade name, and goodwill, and continued to manufacture the same line of ladders under the "Alad'' name, using the same equipment, designs, and personnel. In addition, Alad II solicited through the same sales representatives with no outward indication of any change in the ownership of the business. The parties had no agreement, however, concerning Alad II's assumption of Alad I's tort liabilities. Decision?