Quality Planning, Employee Training in Quality Measurement, and Cost of Maintaining

question 2

Multiple Choice

Quality planning, employee training in quality measurement, and cost of maintaining records of information and data related to quality are __________ costs.

• A) Internal failure
• B) External failure
• C) Appraisal
• D) Prevention
• E) Replacement

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Definitions:

Consideration

Something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Hamer v. Sidway

A significant case in contract law that established the notion that forbearance (refraining from doing something) can be considered a valuable consideration in a contract.

Sufficient Consideration

A necessary element in contract law where something of value is exchanged between parties to form a valid contract.

Illusory Promises

Statements or promises that appear to assure performance or commitment but, due to vague or conditional terms, do not actually bind the promisor to any action.