Jean Is Playing a Computer Game on a Bad Disk

question 59

Multiple Choice

Jean is playing a computer game on a bad disk that melts in her drive,starting a fire that injures her hands. Jean files a suit against K-Tech,Inc.,the game's manufacturer. K-Tech is held liable under the doctrine of strict liability. A significant application of this doctrine is in the area of

• A)criminal law.
• B)intentional torts.
• C)product liability.
• D)negligence.

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Definitions:

Economic Order Quantity

The amount of inventory a company should order to minimize its total inventory costs, including holding and ordering costs.

Fixed Quantity Inventory

A stock management strategy where inventory levels are replenished to a specific, predetermined quantity at regular intervals.

Inventory Control

The management of inventory to ensure that the right quantity of supplies is available to meet demand without excessive surplus.

PERT Network Diagram

A project management tool used to schedule, organize, and coordinate tasks within a project, which stands for Program Evaluation Review Technique.