When Tim thinks about it, he knows the right thing to do is to report his suspicions. He is employing the
a. egoism principle. c. principle of duties.
b. utility principle. d. principle of virtues.
C
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To assert ________ as a defense, the defendant must prove that the plaintiff knew and appreciated the risk of the product
A) supervening event B) assumption of the risk C) generally known dangers D) abnormal misuse
Dyson’s approach to innovation creates radical new designs of established products. Eventually, however, larger competitors catch up by copying out-of-patent design concepts. At what point in this cycle should Dyson quit the market for each product?
What will be an ideal response?
In selling a commercial building, Birdie tells Colt that the property has a certain capacity, making it suitable for a nightclub. Birdie knows nothing about the capacity of the building, but it is not as she specifies. Colt buys the building. ?Refer to Fact Pattern 14-4. On learning the truth, Colt confronts Birdie, who says she was not trying to fool him-she was only trying to make a sale
This is A) a mistake of value. B) a valid defense to a charge of fraud. C) misrepresentation. D) unconscionable.
Using the fixed-time-period inventory model, and given an average daily demand of 75 units, 10 days between inventory reviews, 2 days for lead time, 50 units of inventory on hand, a service probability of 95 percent, and a standard deviation of demand over the review and lead time of 8 units, which of the following is the order quantity?
A. 4,510 B. 1,044 C. 863 D. 1,178 E. 948