Compliance with a Legislative Enactment or Administrative Regulation Does Not

question 4

True/False

Compliance with a legislative enactment or administrative regulation does not prevent a finding of negligence if a reasonable person would have taken additional precautions to avoid harm.

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Definitions:

Machine-Hours

A measure of production output or operation, indicating the total hours machines are running in the manufacturing process.

Markup

The surcharge applied to the original cost of items to compensate for overhead expenses and secure earnings.

Plantwide Predetermined Rate

A single overhead rate calculated using the total estimated overhead costs divided by an estimated allocation base for an entire factory or plant.

Machine-Hours

A measure of the time that a machine is in operation, used in costing and operational analysis.