In warranty cost models, the key input random variable is product lifetime
a. True
b. False
Indicate whether the statement is true or false
True
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Which type of alternative dispute resolution functions well only to the extent that employees trust management and managers who hear complaints listen and are able to act?
A. open-door policy B. peer review system C. behavioral modeling D. fair representation E. mediation
Scienter is an element of fraud and requires that the wrongdoer must intentionally make a false
statement that is relied upon by the plaintiff. Indicate whether the statement is true or false
Robert, a minor, buys a stereo from Jane for $200 . State law allows a minor to disaffirm contracts within a reasonable time after turning 18 . Robert disaffirms the contract the day after turning 18 and returns the stereo
a. This contract was a valid contract, Robert cannot disaffirm. b. This contract was a voidable contract, Robert can disaffirm. c. This contract was a void contract. d. This contract was unenforceable because it needed to be in writing to be enforceable.
A sole proprietor does not own the entire business
Indicate whether the statement is true or false