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Sara and Rebecca entered a variety store owned by Charles.Sara purchased two chocolate bars from Charles,and gave one to Rebecca.Unknown to Sara,Rebecca,or Charles the chocolate bar that Sara gave to Rebecca contained a piece of metal that had fallen into the mixture when the chocolate bar was made.When Rebecca attempted to eat the chocolate,she damaged one of her teeth.She was obliged to have the tooth repaired by a dentist,and in addition,lost a day's work because of the painful injury to her mouth.Her total loss amounted to $300.00.
-The manufacturer of the chocolate bar has strict liability,if the product it manufactures causes injury.
Future Cash Receipts
Expected incoming cash flows or earnings in future periods, often used in accounting, budgeting, and investment analysis.
Design Capacity
The maximum output that a facility or process is designed to achieve under specific conditions.
Effective Capacity
The maximum output level that a facility can realistically achieve under normal operating conditions and constraints.
Utilization
The degree to which a capacity, resource, or system is being used effectively to produce goods or services.
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