Which of the following must be proven by a plaintiff to recover for strict liability in tort?
A) negligence of the seller or manufacturer
B) recklessness of the seller or manufacturer
C) unreasonably dangerous defects in goods that cause harm
D) privity of contract between the manufacturer and the buyer
C
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Francis Company had operating expenses of $20,000 and depreciation expenses of $4,000 . Assuming no other transactions, what was the cash paid for operating expenses?
a. $24,000 b. $22,000 c. $16,000 d. $20,400 e. $23,000
Value-based systems are information systems that provide only customer-related information but not activity-based information
Indicate whether the statement is true or false