The courts of many states recognize that leased, residential premises must be fit, safe, and
suitable for ordinary residential use. This rule is called:
A) The warranty against private nuisance.
B) The warranty to maintain the premises.
C) The warranty of habitability.
D) The warranty of quiet enjoyment.
E) The warranty of suitability.
C
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A company sold merchandise with a cost of $207 for $370 on account. The seller uses the perpetual inventory system. The entry to record the cost of merchandise sold would include ________.
A) a debit to Sales Revenue and a credit to Cash for $370 B) a debit to Cash and a credit to Sales Revenue for $370 C) a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $207 D) a debit to Merchandise Inventory for $207 and a credit to Cost of Goods Sold for $207
Which of the following are examples of firm resources that may be a source of competitive advantage?
a. Distribution channels b. Market learning competency c. Brand names d. Patents e. All of the above
____________________ messages are important to communicate when personal contact is impossible, to establish a record of the incident, to formally confirm follow-up procedures, and to promote good relations
Fill in the blank(s) with correct word
A tenancy for years must have a duration of at least two years, and notice to terminate must be given at least one month before ending the lease
a. True b. False Indicate whether the statement is true or false