An implied warranty or merchantability and an implied warranty of fitness for a particular purpose cannot exist in a single transaction
Indicate whether the statement is true or false
F
You might also like to view...
When making the decision on a product's price, the manager must consider
a. all products at the same time. b. the minimum price that will produce a profit. c. only cost-based information. d. the product's total variable costs.
Which of the following is an advantage of activity–based costing systems over volume–based cost systems?
a. Activity based costing provides more accurate cost information than volume–based cost systems. b. Activity based costing is cheaper to implement than volume–based cost systems. c. Activity based costing provides allocates more than their fair share of overhead costs to low–volume products than volume–based cost systems. d. Activity based costing is easier to implement in companies that have relatively higher proportions of non–unit–level costs.
In the context of the three types of expatriate compensation plans, which of the following statements is true about the balance-sheet approach?
A. It complicates long-term tax and retirement-benefits that make it a less desired alternative. B. It localizes expatriates in the host-country salary program. C. It is the least preferred alternative used by North American multinational organizations to compensate expatriates. D. It facilitates mobility among the expatriate staff in the most cost-effective way possible.
An advertisement—"we buy gold"—is an offer
a. True b. False Indicate whether the statement is true or false