To be merchantable, goods must be at least average, fair, or medium-grade quality

Indicate whether the statement is true or false


True

Business

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The ending merchandise inventory for the current year is overstated by $25,000. What effect will this error have on the following year's net income?

A) The net income will be overstated by $50,000. B) The net income will be overstated by $25,000. C) The net income will be understated by $25,000. D) The net income will be understated by $50,000.

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A network extension is a unique name that identifies an individual's or company's website.

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

Business

Choose the statement regarding duty to rescue that is false:

a. There is no general duty to rescue an individual. b. One basis for not imposing individual rescue liability is: An individual should have a right of freedom of action, privacy and personal autonomy not to intervene and perform rescue. c. Under a liberal–communitarian approach, citizens owe a duty to the state to rescue other citizens based on reciprocal rights and duties. d. When one taunts another person who then puts themselves in danger in response to the teasing, the teaser has a duty to rescue the other.

Business

Although 80% of clients are willing to give referrals, __ are ever asked.

A. 100% B. 80% C. 60% D. 40% E. 20%

Business