When an Object Is Sold Encased in Plastic That Is

question 19

True/False

When an object is sold encased in plastic that is extremely hard to open, there are no instructions on how to open it easily, and it eventually requires the use of a sharp object to pry the plastic apart, it is apparent that the designer of the packaging has failed to adhere to most of the seven principles of universal design.​

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Definitions:

Liabilities

Liabilities are financial obligations or debts that a company owes to others, including loans, accounts payable, mortgages, and other forms of owed money.

Installment Note

A debt instrument that requires regular payments of principal and interest over a set period.

Fiscal Year

A 12-month cycle utilized by corporations and governmental bodies for the purposes of financial statements and budget planning, not always coinciding with the January to December calendar year.

Principal Repayment

The process of paying back the original amount of money borrowed, excluding interest or other charges.