Which of the Following Is Most Likely to Result from the Use

question 35

Multiple Choice

Which of the following is most likely to result from the use of technology in a firm?

• A) Reduced production
• B) Guaranteed profits
• C) Hybrid products
• D) Business inefficiency

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Definitions:

Consideration

The value, which could be in the form of money, a promise, or effort, given in exchange for a contractual agreement.

Strict-Liability

A legal concept where a party is liable for damages caused by their actions, regardless of fault or intent, often applied in product liability cases.

Common Law

Also known as case law.

Common Carriers

Businesses or agencies that offer to transport goods or people for anyone willing to pay, under the regulation of laws that impose special obligations and liabilities.