A seller's promise to service a sewing machine free for the next 90 days when she has no intention of doing so is actionable as a false representation of a fact if the other elements of fraud are present

Indicate whether the statement is true or false


True

Business

You might also like to view...

A "you" perspective ________

A) consists simply of abundant use of the word "you" in your message B) avoids use of the word "you" C) requires you to consider other people's viewpoints D) involves considering the situation from your own perspective E) is only necessary in claims requests

Business

In the recognition criteria for liabilities with uncertain amount and/or timing, "probable" is used in U.S. GAAP to refer to a threshold of likelihood—a rule of thumb used in practice is approximately _____ In IFRS, "probable" as recognition criterion for liabilities with uncertain amount and/or timing means approximately _____

a. 33%; 25% b. 51%; 51% c. 60%; 25% d. 80%; 51% e. 90%; 75%

Business

________ is based on principles found in the Koran and related writings

A. Jus commune B. Corpus Juris Civilis C. Shari'a D. Lex mercatoria

Business

Once a duty is delegated, it relieves the delegator of his or her own liability to perform the contract

a. True b. False Indicate whether the statement is true or false

Business