Under the rule of strict liability in tort the injured party must show that the manufacturer failed to meet the standard of care of the industry in question

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


False

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Breach of the implied warranty of habitability allows a tenant to withhold rent according to most courts

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

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In the simplex process, the new pivot row is found by dividing each number in the row by the pivot number

Indicate whether the statement is true or false

Business

The 1982 act passed by Congress in order to clarify the standard to be applied in determining the extraterritorial effect of American antitrust law provides that: A) American antitrust law extends to all countries that do not have enforceable antitrust laws of their own

B) American antitrust law does not apply outside the U.S. C) American antitrust law applies only to conduct that has a direct, substantial, foreseeable effect on U.S. commerce. D) American antitrust law applies only to firms whose economic power is so substantial that they could directly and significantly dominate foreign markets.

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The equivalent sales increase for supply chain cost saving is found by dividing the cost saving by the organization's profit margin

Indicate whether the statement is true or false

Business