The brakes on a train owned by Rolling Stock Railway Inc malfunction. The train rolls towards main¬te¬nance workers on the tracks. Everyone gets out of the way except Sid, who wants to show off. The train hits Sid, who sues Train Components, Inc, the brakes' manufacturer. Train Components can raise the defense of
a. a component-part manufacturer.
b. assumption of risk.
c. privity.
d. product misuse.
B
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Which of the following of Fisher's product categories includes fashionable clothing, personal computers, and other products that typically have a very brief life cycle?
A. Value density products B. Innovative products C. Functional products D. Bullwhip products E. Dysfunctional products
Cost systems using detailed estimates of each element of manufacturing cost entering into the finished product are called standard cost systems
Indicate whether the statement is true or false
A trademark is a tangible asset with an indefinite useful life.
Answer the following statement true (T) or false (F)
Which of the following can be considered a business?
A. Albertos, a state-funded firm that specializes in providing free consultations for at-risk teens B. Mender, a private charity organization that donates clothes and notebooks to orphans C. Davent, an online shopping portal that offers discounted prices on clothes D. Javonson, a federal agency that establishes and enforces environmental regulations