The Magnuson-Moss Warranty Act gives an individual consumer, or a class of consumers, the right to bring a private action for a breach of an oral warranty

Indicate whether the statement is true or false


FALSE

Business

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On June 1, Kareem sends Fatima an e-mail offering to build her a new garage for $20,000. In his e-mail, Kareem wrote, "acceptance by certified mail is advisable." On June 2 at 8 a.m., Kareem sends Fatima a certified letter attempting to revoke the offer. At 2 p.m. the same day, Fatima mails Kareem a letter via certified mail attempting to accept his offer. Under these circumstances, ________.

A. the parties do not have a contract until Kareem receives Fatima's acceptance B. Fatima's acceptance is effective upon dispatch C. Kareem's revocation is effective and the parties do not have a contract D. the parties do not have a contract as the trade usage is telegrams and not certified mail

Business

Natural resources, such as coal mines and oil wells, are always classified on the balance sheet as:

a. property, plant, and equipment. b. investments. c. intangible assets. d. none of these are correct.

Business

If a paralegal works in a firm with just one attorney who focuses his work on advocating rights of senior citizens and estate planning, that paralegal is working in a:

A) solo, elder law practice. B) small, general practice firm. C) complex litigation firm. D) large, pro bono practice.

Business

Given the following data, total product cost per unit under absorption costing is $9.14.Direct labor$0.72per unitDirect materials$0.80per unitOverhead   Total variable overhead$202,500 Total fixed overhead$140,400 Expected units to be produced 45,000units

Answer the following statement true (T) or false (F)

Business