In 1969, the federal government estimated that consumer products caused 30,000 deaths, 110,000 disabling injuries, and 20 million trips to the doctor. The product category causing the majority of harm was
A. automobiles.
B. children's toys.
C. power tools.
D. food products.
Answer: B
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A holder in due course takes a negotiable instrument free of all:
A. claims in recoupment. B. negotiable defenses. C. claims to the bearer. D. real defenses.
After assessing the market growth potential and market competitiveness in Mexico for his company's baby products, Harmon wanted to evaluate market access. To do this, Harmon would consider
A. profitability and customer buying behavior. B. ease of accessing or developing distribution channels and brand familiarity. C. the number of competitors, entry barriers, and product substitutes. D. the current size of the market and the expected growth rate. E. ease of pricing control and number of promotional outlets.
One reason catastrophes are difficult to insure is because the damage is so unpredictable
Indicate whether the statement is true or false
Consideration is the element of a contract that:
a. allows it to be a gift b. provides the terms of acceptance c. gives the offeror a better deal d. gives the offeree a better deal e. none of the other choices are correct