Which of the Following Statements About the Use of Computers

question 19

Multiple Choice

Which of the following statements about the use of computers at the New Balance athletic shoe factory in Maine is true?

• A) Skilled employees are using sophisticated computer technology to produce shoes faster than most overseas competitors are producing shoes using low-tech workers.
• B) Production rates are expected to decrease unless New Balance can find enough domestic workers
• C) Originally, New Balance used computer technology purely for record keeping.
• D) It is easy to predict how computer technology will impact New Balance employees.
• E) New Balance will never be able to use expert computer systems because the shoe industry is so labor intensive and low tech.

Recognize the use and implications of liquidated damages clauses and conditions related to contract termination.

Understand the definitions and applications of different types of conditions in contracts (express, implied, precedent, subsequent, concurrent).

Distinguish between complete, substantial, and partial performance within contractual obligations.

Identify the legal implications and outcomes of conditional and unconditional contracts.

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Definitions:

Types of Bargaining

Various negotiation methods including distributive (win-lose) and integrative (win-win) approaches, used to settle disputes or reach agreements.

Contract Negotiation

The process of discussing and coming to mutual agreements on the terms and conditions of a contract between two or more parties.

Parietal Cells

Cells located in the lining of the stomach wall that secrete gastric acid (HCl) and intrinsic factor, vital for digestion and absorption of nutrients, respectively.

Pepsinogen

The inactive enzyme precursor of pepsin, secreted by the stomach wall and converted to the active enzyme in the presence of hydrochloric acid.