Most states recognize a warranty—the implied warranty of habitability—in the sale of new homes

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


True

Business

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A(n) ____ is an arrangement by which two parties exchange one currency for another and agree that the exchange will be reversed at a stipulated date in the future.

a. arbitrage b. swap c. option d. hedge

Business

Kim supervises a group of customer service representatives. Kim is respected and well liked by her staff, and she has worked hard to make sure each of them knows how to do their job well. She is responsible for all staffing and reward decisions in her department. Kim has _____ in the contingency model.

A. low task structure B. low position power C. low leader-member relations D. high situational control E. high expert power

Business

At the end of the year, Beta, Inc. has an unadjusted debit balance in the Manufacturing Overhead account of $4000. The adjusting journal entry needed to adjust the balance to zero will include a ________.

A) debit to Cost of Goods Sold $4000 and credit to Manufacturing Overhead $4000 B) debit to Manufacturing Overhead $4000 and credit to Cost of Goods Sold $4000 C) debit to Work-in-Process Inventory $4000 and credit to Manufacturing Overhead $4000 D) debit to Gross Profit $4000 and credit to Cost of Goods Sold $4000

Business

A detailed version of a product idea stated in meaningful consumer terms is a ________

A) product feature B) product concept C) product idea D) product image E) product framework

Business