Jean Is Playing a Computer Game on a Bad Disk

question 31

Multiple Choice

Jean is playing a computer game on a bad disk that melts in her drive,starting a fire that injures her hands.Jean files a suit against K-Tech,Inc. ,the game's manufacturer.K-Tech is held liable under the doctrine of strict liability.A significant appli?cation of this doctrine is in the area of

• A)cyber crime.
• B)negligence.
• C)product liability.
• D)res ipsa loquitur.

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Definitions:

Laissez-Faire

An economic theory from the 18th century that is strongly against the government interfering in the marketplace.

Invisible-Hand

A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interest inadvertently benefits society at large.

Command Economy

An economic system where the government or central authority makes all decisions regarding the production and distribution of goods and services.

Centralized Authority

A system of organization where decision-making and power are concentrated at a single point or in a single group within the organization.