What is the significance of a "defect" in a product liability case based on strict liability?
A) Its presence would eliminate liability for the defendant.
B) It is a required element in proof of such a case.
C) Its presence would allow punitive damages to be awarded.
D) The doctrine of strict liability.
E) It is not necessary, but can be used to eliminate the need to prove that there was an injury.
B
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The auditor's concern for potential fraud in the financial statements will most likely result in increased testing for the overstatement of revenues
a. True b. False Indicate whether the statement is true or false
After much trial and error, Morgan’s financial services company finally has a written code of ethics. What should be her first step in communicating the company code of ethics to employees?
a. Have upper management memorize the code so they can serve as role models for subordinates. b. Develop a testing system by which each employee can be quizzed about the code online. c. Publish the code and have it distributed to every employee. d. Choose an individual who is closely related to the code to take charge of the strategy for communication.
Meilla is the vice president of marketing at a medical supply company. In a typical work week, she is required to attend three departmental meetings, prepare progress reports, sit in on job interviews for other departments, have one-on-one meetings with each of her five managers, and travel to a satellite location where mock-ups of new products are photographed for catalogs. Most weeks, Meilla puts in more than 70 hours at the office, and she often responds to e-mails while watching movies at home on the weekends. Despite this, she finds herself falling behind. Meilla's experience is an example of
A. the number of role demands placed on her being too high. B. having too many nonwork obligations. C. competing expectations from different departments about her job duties. D. the requirements of the job exceeding her capabilities. E. a lack of information about what needs to be done to accomplish her tasks.
A typical movie theater digital projector costs ____.
A. $6,000 B. $36,000 C. $60,000 D. $96,000