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A firm is considering adding a second secretary to answer phone calls and make appointments.The cost of the secretary will be $10/hour and she will work 200 hours each month.If each new client adds $400 of profit to the firm,how many clients must the secretary arrange for the firm to break even?
Product Liability
Refers to the legal obligation of sellers or manufacturers to compensate for injury or damage caused by defective or unsafe products.
Design Defect
A flaw in the intended design of a product that makes it unsafe for use or consumption.
Reasonable Alternative Design
A feasible and practical design option that could minimize or eliminate risk or harm, often discussed in the context of product liability.
Express Warranty
A clearly stated promise or guarantee about the condition or functionality of a product, made by the seller to the buyer.
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