Risk-utility balancing refers to the fact that

Assignment Help Operation Management
Reference no: EM131128468

1. “Big Red” is a popular car. The dash board is covered with little steel studs. In an accident, Betty, sitting next to her boyfriend and not wearing a seat belt, smashes her face on the dash board. The steel studs make the injuries worse. Her boyfriend is at fault in the accident. Betty sues the maker of “Big Red” for injuries. She is likely to:

a. win; the manufacturer did not exercise reasonable care to prevent foreseeable dangers

b. win; car producers are held strictly liable for injuries suffered by accident victims

c. lose; assumption of the risk in being in a car

d. lose; assumption of risk by not wearing a seat belt

e. lose; auto makers are not responsible for injuries incurred in accidents that are the fault of a driver

2. Risk-utility balancing refers to the fact that:

a. some products cannot be made completely safe

b. all products can be made safe if manufacturers are willing to spend enough money

c. some products are inherently dangerous and should be banned from the market

d. consumers will always manage to hurt themselves by improperly using products

e. manufacturers must disclose all risks to using their product before putting it on the market

3. Liability based on ______________ may be imposed on a manufacturer if a causal connection can be established between the failure of the manufacturer to exercise reasonable care and an injury suffered by a consumer.

a. stare decisis

b. intentional tort

c. negligence

d. neglect

e. failure to inform

4. The ___________________ is primarily concerned with harms suffered by buyers and other persons who use defective products.

a. law of stock protection

b. law of product liability

c. law of seller liability

d. law of commercial liability

e. law of malpractice liability

5. Fraud, misrepresentation, fraudulent misrepresentation and deceit are all examples of torts caused by:

a. deliberate deception

b. accidental deception

c. intentional battery

d. premeditated harm

e. tax evasion

Reference no: EM131128468

Questions Cloud

What is the safety stock and the average inventory : A company stocks an SKU with a weekly demand of 225 units and a lead time of 3 weeks. Management will tolerate one stockout per year. If sigma for the lead time is 175 and the order quantity is 800 units, what is the safety stock, the average invento..
To use the purchase method of inventory accoutning : Which requirement apply to proprietary find but not the government fun? Report circulating assets use consumption method inventory accounting To report current liability To use the purchase method of inventory accoutning
Biological-functional conflict and symbolic interaction : Sociologists explain deviance by three (3) major perspectives: biological, functional conflict, and symbolic interaction. Identify your role, for example, as a parent and which perspective best reflects your personal experience. Discuss the main reas..
Provide your maximum design values in a tabulated form : Considering the above combinations and using Spacegass determine the maximum (positive and negative) reactions, shear forces and bending moments the beam should be designed for. These maximum values are known as "design" values.
Risk-utility balancing refers to the fact that : “Big Red” is a popular car. The dash board is covered with little steel studs. In an accident, Betty, sitting next to her boyfriend and not wearing a seat belt, smashes her face on the dash board. The steel studs make the injuries worse. Her boyfrien..
Brief description of the apollo moon landing program : A brief description of the Apollo Moon Landing program is to be included concentrating on the landing sites and most important discoveries (including analysis of the lunar material brought back to Earth)
How can effectively and biblically respond to poverty : Our role as public health professionals often requires us to make recommendations to fellow Christians as to how we can effectively and biblically respond to poverty
Should the firm continue to operate in the short run : Lentz's, Incorporated sells paper in a perfectly competitive market at a price of $2 per ream. At the profit-maximizing (cost-minimizing) level of output, average total cost is $2.50 per ream and average variable cost is $1.95 per ream. Should the fi..
What entry will pass to create provision for doubtful debts : It is supposed that on 31-12-2007, the sundry debtors are amounted to Rs. 40,000. On the basis of past experience, it is estimated that 5 % of the sundry debtors are doubtful. It is also suppose that during the year 2008 actual bad debts were Rs. 1,6..

Reviews

Write a Review

Operation Management Questions & Answers

  Process used in the design of internal pay structure matter

Why does the process used in the design of internal pay structure matter? Distinguish between the process used to design and administer a person-based and a job-based approach

  Disadvantages of pursuing a globalization strategy

Discuss the advantages and disadvantages of pursuing a globalization strategy when given the depth of competition, profitability issues, and market share implications. Use recent news and company examples to illustrate your points.

  Global organization with a multinational presence

Identify a global organization with a multinational presence. Identify and research a cultural issue that affects this organization's interactions outside the United States.

  Question regarding the aviation maintenance manager

When responding to these questions, please place yourself in the perspective as an Aviation Maintenance Manager. Describe the elements of a reliability program.

  Describe the strengths and weaknesses of the two styles

A description of how each of the two management styles selected distinctively create organizational cultures. Describe the strengths and weaknesses of the two styles.

  Case study on paper2go

Calculate the financial impact of increasing order fill rates to 98 percent from 92 percent. Develop a strategic profit model of both the old system and the modified system that reflects the suggested adjustments.

  Activities in supply chain design is selection of suppliers

One of the most important activities in supply chain design is selection of suppliers. Discuss what criteria (other than price) might be used to select the suppliers.

  Low price tag is an example

Thinking THAT a product is going to fail if it has a low price tag is an example of:

  T-log atlantic video atlantic video a small video rental

atlantic video atlantic video a small video rental store in philadelphia is open 24 hours a day anddue to its proximity

  After both parties had consumed intoxicating beverages

Carolyn Miller accompanied William Baker as a social guest to Baker’s brother's camp. After both parties had consumed intoxicating beverages, Miller walked onto a pier that was then only partially completed. Baker rescued Miller, who had seriously in..

  What is the minimum width of the displayed letter strokes

you decide to make the font size large enough so that a person with 20/40 vision will be able to read the letters displayed on the screen with your slides with 95% accuracy from 20 m away. What is the minimum width of the displayed letter strokes ..

  Did nineteenth century railroads meet hookers tests

Did nineteenth century railroads meet Hooker's tests in asserting corporate rights under the Fourteenth Amendment to the Constitution of the United States? Give reasons for your opinions and reactions.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd