The implied warranty of merchantability is also known as the implied warranty of fitness for a particular purpose.
Answer the following statement true (T) or false (F)
False
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Kaya, a chain of skin clinics, requests each new visitor to fill in their own details on a printed form. This is a step in ________
A) increasing its peak-time efficiency B) creating nonpeak demand C) increasing consumer participation D) sharing its services E) facilitating its future expansions
Net income results when expenses exceed revenues
Indicate whether the statement is true or false
Which of the following statements is true of alternative dispute resolution?
A) Parties using alternative dispute resolution are likely to face adverse publicity. B) Alternative dispute resolution is generally more expensive than litigation. C) Alternative dispute resolution generally leads to loss of confidentiality and trade secrets. D) Alternative dispute resolution methods are less time-consuming, and the formal-hearing times and places can be set to accommodate the parties.
Which of the following is false concerning the duration and termination of bailments?
A) A bailment for a fixed period term can be terminated at any time by either party. B) A gratuitous bailment can generally be terminated at any time by either party. C) Where commingled fungible goods are involved, identical equivalent goods may be returned by the bailee. D) Upon termination of the bailment the bailee is legally obligated to do as the bailor directs with the property.