The Expenses Associated with a Product Recall Are ________ Costs

question 61

Multiple Choice

The expenses associated with a product recall are ________ costs.

• A)prevention
• B)inspection
• C)internal failure
• D)external failure

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Definitions:

Hazard

A potential source of harm or adverse health effect on a person or persons.

Shared-Property Ownership

An arrangement where two or more parties hold title to a property together, sharing rights and responsibilities.

Tenancy

A legal arrangement whereby an individual or entity occupies land or property rented from another, typically for a specified period under a lease.

Fee Simple Absolute

The highest form of property ownership, with unrestricted rights to use, dispose of, and inherit the property.