Which of the following is not a function of a bill of lading?

A) It serves as a receipt for goods.
B) It serves as evidence that the goods specified in the bill of lading are stored in the insured building of the issuer.
C) It is evidence of the contract of carriage.
D) It serves as a document of title.


B

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Vertical marketing systems achieve economies through size, bargaining power, and elimination of duplicated services

Indicate whether the statement is true or false

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The hit ratio is the percentage of cases correctly classified by the discriminant analysis

Indicate whether the statement is true or false

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The universal functions of marketing

A. are performed by the same parties in all economies. B. must be performed in all macro-marketing systems. C. are needed to help foster various separations and discrepancies. D. are performed the same way in all economies.

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Below are four statements made by salespeople to customers. In each case, a customer made a purchase relying on the statement, the statement proved to be false, and the customer suffered a loss. Which statement would most likely serve as the basis for a successful suit for breach of warranty?

a. "This watch will last a lifetime." b. "You won't find anything like this for the same amount of money anywhere." c. "These spark plugs should give you better gasoline mileage." d. "This material is fireproof and approved by Underwriters' Laboratories."

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