Machine Design
The application of third type levers is found in

Hand wheel of a punching press
Handle of a hand pump
Lever of a loaded safety valve
A pair of tongs

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Machine Design
According to Rankine's theory, the failure occurs at a point in a member

When the maximum principal stress in a biaxial stress system reaches the elastic limit of the material in a simple tension test
When the strain energy per unit volume in a biaxial stress system reaches the strain energy at the elastic limit per unit volume as determined from a simple tension test
When the maximum principal strain in a biaxial stress system reaches the strain at the elastic limit as determined from a simple tension test
When the maximum shear stress in a biaxial stress system reaches the shear stress at elastic limit in a simple tension test

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Machine Design
Set screws are

Slotted for a screw driver and generally used with a nut
Similar to stud
Used to prevent relative motion between parts
Similar to small size tap bolts except that a greater variety of shapes of heads are available

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