If Casio Were to Buy Out All Other Calculator Manufacturers

question 14

Multiple Choice

If Casio were to buy out all other calculator manufacturers, what consumer right would be at stake?

• A) The right to choose
• B) The right to be heard
• C) The right to safety
• D) The right to service
• E) The right to be informed

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Definitions:

Legal Obligation

A legal obligation is a requirement imposed by law, where a person is required to perform or refrain from performing a certain action.

Dividends

Payments made by a corporation to its shareholders, usually derived from the company's profits.

Separate Legal Person

An entity, such as a corporation, that has legal rights and obligations independent of its owners or members, allowing it to enter into contracts and own property.

Vicariously Liable

Legal principle where one party is held liable for the actions of a subordinate or associate due to their relationship to the wrongdoer.