Shane had every reason to believe the antacid he purchased would relieve his stomach problems if he followed the directions on the box. This is an example of a(n):
A. implied warranty
B. functional label
C. persuasive label
D. express warranty
E. universal warranty
Answer: A
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Which of the following is correct with regard to a trademark infringement case?
A) The plaintiff must prove that the unauthorized use is likely to cause confusion, mistake, or deceive the public about the origin of the goods. B) The plaintiff must prove actual damages to prevail in the suit. C) Treble damages are not available. D) The plaintiff need prove only that its mark was used in an unauthorized manner.
The price of one country's currency expressed in terms of another country's currency is referred to as the
A. balance of payments. B. transfer payment. C. money conversion factor. D. balance of price. E. currency exchange rate.
Flagler Corporation takes eight hours to complete the setup process for a certain electrical component, with the setup cost averaging $150 per hour. If the company's competitor can accomplish the same process in six hours, Flagler's non-value-added cost would be:
A. $900. B. $1,200. C. $300. D. $150. E. $0.
A bond may be issued by ________
A) companies B) state governments C) the federal government D) All of the above