Which of Following Is True of Mass Production

question 70

Multiple Choice

Which of following is true of mass production?

• A)Mass production reduces efficiency but improves safety conditions.
• B)Each individual worker is responsible for putting entire products together from start to finish.
• C)Mass production results in the development of large numbers of identical components and products.
• D)Mass production increases cost.

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Definitions:

Express Trusts

A type of trust explicitly created by a settlor, typically in writing, specifying the trust's terms, beneficiaries, and the trustee's duties.

Trust Instruments

Legal documents establishing a trust, specifying its terms, and the responsibilities of the trustees.

Personal Representative

The person designated by a testator to collect the testator’s property after he or she dies, pay the debts and taxes, and make sure the remainder of the estate gets distributed.

Beneficiaries

Individuals or entities designated to receive benefits or assets from a will, trust, insurance policy, or other legal instrument.