________ is data that has been given an explicit meaning in a specific context
A)
Data
B)
Information
C)
Knowledge
D)
Wisdom
B
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Ruggers is a maker of a range of highly popular cruise motorcycles. Tim buys a Ruggers motorcycle from a dealership and suffers an accident. While recuperating from his injuries, he learns that Ruggers has recalled all motorcycles it had manufactured and sold in the previous two years, owing to a previously unknown defect in their braking systems. Tim brings a product liability lawsuit against the motorcycle manufacturer and claims $50,000 in damages. The defect in the motorcycle is found to be half responsible for the accident, while Tim's own negligence of traffic rules contributed to the rest. Under the doctrine of contributory negligence, what would be the ruling of the court hearing this case?
A. Tim cannot recover any damages from the motorcycle manufacturer. B. Tim can recover $25,000 worth of damages from the Ruggers and the rest from the dealership from which he purchased the motorcycle. C. Tim can recover $50,000 worth of damages plus any punitive damages that may be awarded by the jury. D. Tim can recover $50,000 worth of damages from the motorcycle manufacturer.
Will decides to gift his wife a house for their 10th wedding anniversary. He contacts his real estate agent about a specific house that he wants to buy. The realtor assures him that he will contact the owners immediately to find out the asking price. The agent, however, informs Will about the price two months after the anniversary. The information provided by the agent is most likely to be useless because it lacked ________.
A. precision B. timeliness C. relevance D. sufficiency E. accuracy
The work-related test puts liability on the employee if the intentional tort is committed within work-related time and space
Indicate whether the statement is true or false
Poor goods and services designs can lead to all of the following except?
a. Costs due to warranty repairs b. Costs due to product returns c. Lost customers d. Enhanced brand equity