The Failure to Correct a Known Defect in a Product

question 21

True/False

The failure to correct a known defect in a product is both an ethical lapse and a basis for a negligence claim.

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Definitions:

Scarcity

The limited nature of society’s resources.

Trade-Offs

Situations where having more of one thing necessarily means having less of another because of limited resources.

Allocate

The process of distributing resources or goods among various uses or individuals based on specific criteria, such as need or merit.

Marginal Change

A small incremental adjustment to a plan of action.