Clayton Tile has a secured bond on specific property of Ceramic Creations, Inc Clayton's claim against Ceramic is enforceable only against that specific property

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


False

Business

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The credit amount for Income Summary in the Adjusted Trial Balance column reflects the inventory on hand at the end of the accounting period

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

Business

Hal listed his former supervisor, Jean, as a reference. Because Hal asked permission to list Jean, he has no legal recourse to negative comments Jean might make about him to a prospective employer

Indicate whether the statement is true or false

Business

Which of the following is true about strict liability in tort in the field of product liability under Section 402A of the Restatement (Second) of Torts?

a. It depends on contract, either express or implied. b. It is limited to persons in a buyer-seller relationship. c. It requires reliance of the injured user on the seller's statement. d. It is imposed by law as a matter of public policy.

Business

What is the study of the decision process by which customers come to purchase and consume products?

A) Marketing B) Segmentation C) Resource management D) Consumer behavior E) Acculturation

Business