Which of the following statements is TRUE with respect to companies that supplies
products to consumers?
A) They can only be held partly responsible for damages caused to consumers arising from the use of their products.
B) Their standard of care is that of a reasonable manufacturer
C) They can never escape liability for damage caused to a consumer from using their products
D) In the event of injury to a consumer arising from use of the product, the courts will impose a high standard of care on them
E) They will not be liable to a consumer for damage arising from use of their products if there is a warning label on the product
D
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Which of the following statements is FALSE?
A. Marketing builds long-lasting relationships that benefit the selling firm. B. Marketing should provide direction for production, accounting, and financial activities. C. Marketing anticipates customer needs. D. Marketing is most important in a pure subsistence economy. E. Marketing doesn't occur unless two or more parties are willing to exchange something for something else.
What was Marisa Baridis's job at Morgan Stanley?
a. She was a clerk b. She was the legal compliance officer c. She was a trader d. She was a broker
Refer to the data on Expected Demand for Weston Gadgets, Inc. Based on the Hurwicz criterion, which of the following options would you choose if you used the coefficient of realism of 0.6?
A. outsource
B. build capacity
C. do nothing
D. either outsource or do nothing
Which one of the following statements is true concerning bonds?
A) A bond yield represents only the interest earned on a bond. B) Bond yield data is more useful to an investor when compared over time. C) A bond's yield remains constant even when a bond is sold prior to maturity. D) Bonds with similar characteristics generally have widely disparate bond yields.