If a buyer accepts a shipment of goods and later discovers a defect, acceptance can be revoked.

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


True

Business

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One common complaint of advertising is that it causes people to buy more than they can afford

Indicate whether the statement is true or false

Business

An account is said to have a debit balance if:

A) the amount of the debits exceeds the amount of the credits. B) there are more entries on the debit side than on the credit side. C) its normal balance is debit without regard to the amounts or number of entries on the debit side. D) the first entry of the accounting period was posted on the debit side.

Business

Which of the following is true of perfection by possession of collateral?

A) A creditor cannot take possession of the collateral until a financing statement is filed. B) No financing statement has to be filed if the creditor has physical possession of the collateral. C) A debtor cannot acquire security against the collateral without filing a financing statement. D) A financing statement can be filed only against intangible personal property placed as collateral.

Business

All of the following are questions posed in the ethical decision-making metric except

A. Would the person I admire most engage in this activity? B. Would I want to see this action described on the front page of the local paper? C. Can I give a clear explanation for my action? D. Will I be able to look at myself in the mirror and respect what I see? E. Will this action help advance my career?

Business