Beta Inc Has Recently Discovered That a Defect in One

question 37

True/False

Beta Inc has recently discovered that a defect in one of its products poses a risk of injury to consumers.Its only option, from a legal risk management perspective, is to eliminate the risk of liability by removing the product from the market.

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Definitions:

Utilitarian

Pertaining to or based on the principle of utilitarianism, which advocates for actions that maximize happiness and well-being for the majority of a population.

Subjective

Based on or influenced by personal feelings, tastes, or opinions.

Valence

In psychology, the intrinsic attractiveness or aversiveness of an event, object, or situation.

Drive Theory

A psychological theory that posits human behavior is motivated by biological drives to meet needs such as food, water, or sleep.