The Latin expression caveat emptor means that:

a. the seller must be honest.

b. let the seller beware.

c. the buyer must act in good faith.

d. let the buyer beware.


d

Business

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

1. The ability to work with budgets and financial statements is a must, if you want to advance and succeed in business. 2. A capital expenditures budget is a forecast of total operating spending for the year. 3. It is possible to have lots of revenues and yet make a profit. 4. The only way to really increase long term profits is to increase revenues.

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Indicate whether the statement is true or false

Business