The term "lemon protection" means you can force the seller into binding arbitration

Indicate whether the statement is true or false.


FALSE

Business

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________ is a type of technology that allows online chats in real-time text transmission over the Internet between customers and service representatives.

A. Internet telephony B. Instant messaging C. Intelligent callback technology D. Media blending

Business

What do the credit terms, 2/15, n/30 mean?

A. A two percent discount can be deducted if the invoice is paid before the fifteenth day following the date of the sale. B. A two percent discount can be deducted if the invoice is paid after the fifteenth day following the sale, but before the thirtieth day. C. A two percent discount can be deducted for a period up to thirty days following the date of sale. D. A fifteen percent discount can be deducted if the invoice is paid within two days following the date of sale.

Business

Marketing prescriptive models can be used to create a balance between type I and type II errors

a. True b. False

Business

Sports Line, Inc., and Trudy, a consumer, enter into a contract for a sale of a snowmobile. If the contract includes a clause that is perceived as grossly unfair to Trudy, its enforcement may be challenged under the doctrine of

A. good faith. B. impracticability. C. square dealing. D. unconscionability.

Business