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20Under the due care theory, the consumer who is injured by a defective product that had been produced carelessly cannot hold the manufacturer liable
20Under the due care theory, the consumer who is injured by a defective product that had been produced carelessly cannot hold the manufacturer liable. *
False
True
21-Pepsi and Coca Cola are an example of indirect competition. *
False
True
22-Vertical business agreements are anti-competitive, whereas horizontal business agreements are purely competitive. *
True
False
23-Imitating the competitor’s product is considered an ethical act as long as this act is not discovered by the governmental authorities. *
True
False
24-“Negligence” refers to the absence of, or failure to exercise, proper or ordinary care. *
True
False
Expert Solution
20-Under the due care theory, the consumer who is injured by a defective product that had been produced carelessly cannot hold the manufacturer liable. False
21-Pepsi and Coca Cola are an example of indirect competition. False
22-Vertical business agreements are anti-competitive, whereas horizontal business agreements are purely competitive. False
23-Imitating the competitor’s product is considered an ethical act as long as this act is not discovered by the governmental authorities. False
24-“Negligence” refers to the absence of, or failure to exercise, proper or ordinary care. True
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