Super Tool Company Makes Tools for Consumers and Construction Professionals

question 40

Multiple Choice

Super Tool Company makes tools for consumers and construction professionals.While using a Super tool to replace an electrical outlet,Tom neglects to shut off the power and is electrocuted.Against a suit filed by Tom's heirs,Super's best defense is

• A)assumption of risk.
• B)contributory negligence.
• C)negligence per se.
• D)superseding cause.

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Definitions:

Push Strategy

A marketing approach where a business takes its products to the consumer, typically through promotions and sales channels, to ensure product awareness.

Economies of Scale

A cost advantage that arises with increased output of a product, where fixed costs are spread out over more units of production, reducing the cost per unit.

Inventory Carrying Costs

Inventory carrying costs include the total expenses associated with holding and storing unsold goods, such as warehousing, insurance, depreciation, and opportunity costs.

Disintermediation

Elimination of intermediaries, such as distribution centers, in the delivery of products from a producer to a consumer.