Section 402A provides that liability exists only if the product reaches "the user or consumer without substantial change in the condition in which it is sold."

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Tests of details of transactions are often conducted in conjunction with tests of controls.

Answer the following statement true (T) or false (F)

Business

In a database, a complete set of attributes for a single occurrence of an entity class is called

a. a key b. a file c. a record d. a character

Business

Tammy is a general contractor and has submitted two bids for two projects (A and B). The probability of getting project A is 0.65. The probability of getting project B is 0.77. The probability of getting at least one of the projects is 0.90. a.What is the probability that she will get both projects?b.Are the events of getting the two projects mutually exclusive? Explain, using probabilities.c.Are the two events independent? Explain, using probabilities.

What will be an ideal response?

Business

Giorgi is frustrated with the estimates he’s received for building an IT portal for his company to allow his suppliers, distributors, and customers to all easily connect online. Since he needs a system that is reliable and responsive to sudden changes in the market, he has decided to go with a cloud-based system run by another company that has the expertise his company lacks. The company he chose is an example of a(n) ______.

a. internet commerce intermediary b. command and control center c. supply chain source point d. third-party logistics provider

Business