Cosco, the world's largest children's products company, recently sold a high chair that could be used as an infant feeding seat, a youth chair, a play chair, a booster chair, and when reclined, an infant bed for $49. The prototypes had been tested by Cosco employees who had small children, but this was the only product testing performed. Once sold, several children were injured and some died as a result of using the chair. Cosco was charged with being unconcerned about consumers' right to
A. choose.
B. happiness.
C. be informed.
D. safety.
E. be treated courteously.
Answer: D
You might also like to view...
An advantage of the direct approach for communicating bad news is that it keeps the message short
Indicate whether the statement is true or false.
Classic Autos specializes in selling gently used specialty sports cars and uses the specific identification method of determining ending inventory and cost of goods sold. Item 507K was sold for $90,000. Classic purchased the sports car for $51,000 and paid $1,300 for freight in and $1,400 for freight out. What is the cost of goods sold?
A) $37,700 B) $52,300 C) $52,400 D) $51,000
Services account for nearly ________ percent of global trade
A) 10 B) 33 C) 20 D) 67 E) 90
The materiality of a misstatement is based on only the quantitative amount of the misstatement
a. True b. False Indicate whether the statement is true or false