Exclusion of Consequential Damages for Personal Injuries Resulting from Breach

question 1

True/False

Exclusion of consequential damages for personal injuries resulting from breach of warranty in the sale of consumer goods is prima facie unconscionable.

Identify various IT positions and understand their attractiveness based on personal ambition and industry demand.

Understand the structure and purpose of databases.

Understand the basics of networking and its importance in connecting computers to share resources.

Reflect on the positive and negative effects of IT on personal life and society.

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Definitions:

Operating Profit

Income derived from normal business operations after subtracting operating expenses and cost of goods sold, also known as operating income.

Capacity

The maximum amount that something can contain or produce.

Variable Costs

Costs that change in proportion to the amount of goods produced or the volume of sales, like labor and materials.

Contribution Margin Ratio

The ratio that represents what percentage of sales contributes to the covering of fixed costs, calculated by subtracting variable costs from sales revenue and dividing the result by sales revenue.