Laws' flexibility allow adjustments for technology changes

Indicate whether the statement is true or false


True

Business

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An associative counterfeit uses a product name that differs slightly from a well-known brand but is close enough that consumers will associate it with the genuine product

Indicate whether the statement is true or false

Business

Costs that preclude product defects resulting from flaws in processing are referred to as ______________________________

Fill in the blank(s) with correct word

Business

The right of a seller or lessor to refuse to send goods to a buyer or lessee upon breach of a sales or lease contract by the buyer or lessee or the insolvency of the buyer or lessee is known as the ________

A) right to recover purchase rent B) right to reclaim goods C) right to withhold delivery D) right to dispose of goods

Business

Which of the following would not be a remedy available to the seller on account of buyer's breach?

a. Stop delivery of the goods by the carrier. b. Require the financially sound buyer to return the goods. c. Recover the price. d. Cancel the contract.

Business