External audits attempt to identify key variables that offer ________ responses

Goods which are highly visible and which consumers feel they are judged by have high _____ perceived risk

a. time b. financial c. physical d. social

Which of the following statements regarding product liability is not true?

A) Strict liability is a "no fault" system. B) One major problem with using negligence for product liability is that the plaintiff must show some specific act of negligence. C) Strict liability applies to both physical injury and property damage. D) Failure to warn about a generally known danger usually will lead to liability.