Even if a product is safe for ordinary use, a producer may be held strictly liable in tort for not telling consumers of possible dangers associated with improperly using the product
a. True
b. False
Indicate whether the statement is true or false
True
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In 2014, a small publishing company sold 60,000 copies of Super Travel paperbacks (its only product) at $5 per book; total fixed costs were $15,000; and total variable costs were $3 per book. What is this company's breakeven point in units?
A) 10,500 units B) 7,500 units C) 30,000 units D) 15,000 units
Order lead time is defined as _____
a. average sales per day b. extra inventory kept on hand to protect against stockouts c. the stock level at which an order must be placed d. the time period from when an order is placed until goods are ready for sale
The standard of review in which a court gives the most significant deference to the
agency decision is called: a. de novo review b. substantial evidence standard review c. arbitrary, capricious, abuse of discretion standard review d. none of the above; all judicial review is required to offer an equally substantial level of to the agency decision
In what phase of team development do members select alternatives, analyze effects, implement their plan, and manage their project?
A) ?Forming B) ?Norming C) ?Storming D) ?Performing