A disclaimer or exclusion of the warranty of merchantability will be invalid if:
A) the goods cost $500 or more
B) the defects in the goods are obvious to all buyers.
C) it is made at the time of the sale.
D) it is not conspicuously set forth in a writing.
D
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The political environment is a factor that comprises the environmental context of the problem
Indicate whether the statement is true or false
Each individual outcome of an experiment is called
A. the sample space. B. a sample point. C. a trial. D. an event.
Great Plains Company has acquired a property that included both land and a building for $500,000. The company paid cash. The company hired an appraiser who has determined that the market value of the land is $300,000 and that of the building is $400,000. Journalize the lump-sum purchase. Omit explanation. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
What will be an ideal response?
Which of the following is not considered when calculating the cost basis for a stock?
A) Inflation B) Purchase price C) Recording fees D) Commissions