An innocent misrepresentation is not a basis for rescinding a contract.

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


False

Business

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Which of the following is an example of a nonvalue-adding activity?

A) Product distribution activity B) Customer service activity C) Data processing activity D) Product design activity

Business

An approach that gets the prospect thinking about a problem the salesperson can solve is the:

A) referral approach B) question approach C) product demonstration approach D) survey approach E) premium approach

Business

Merchants are not required to warrant that the goods they sell are fit for their ordinary purpose

Indicate whether the statement is true or false

Business

The number of years allowed under ACRS and MACRS to depreciate the cost of the asset is known as the ____________________ period

Fill in the blank(s) with correct word

Business