Universal Assembly Company makes espresso machines and sells one to Vim through a misrepresentation on the label on which Vim relies and that results in an injury to Vim. Universal is most likely liable for

A. a commonly known danger.
B. fraud.
C. privity.
D. puffery.


Answer: B

Business

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Most incorporated businesses are close corporations.

Answer the following statement true (T) or false (F)

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In a ______ organizational structure, such as McDonald’s or Burger King, senior management makes all the major decisions.

What will be an ideal response?

Business

On December 31 . 2013 . Breezeway, Inc, reported a current deferred tax liability of $140,000 and a noncurrent deferred tax asset of $40,000 . At the end of 2014, Breezeway reported a current deferred tax liability of $100,000, and a noncurrent deferred tax liability of $44,000 . The deferred tax expense for 2014 is

a. $144,000. b. $44,000. c. $36,000. d. $4,000.

Business

What type of power is expressed as a request instead of an order?

a. coercive b. referent c. information d. reward

Business