An action for breach of warranty generally must be brought within three (3 ) years of the breach
Indicate whether the statement is true or false
False
You might also like to view...
Under the periodic inventory system, which of the following statements is correct?
A) During the period, the business records the cost of all inventory bought in the Merchandise Inventory account. B) Purchase Returns and Allowances and Purchase Discounts are contra expense accounts. C) Freight in is debited to the Purchases account. D) Purchase discounts are recorded as credits to the Purchases account.
If management can estimate the amount of loss that will occur due to litigation against the company, and the likelihood of the loss is reasonably possible, a contingent liability should be
A. Disclosed, but not reported as a liability. B. Reported as a liability, but not disclosed. C. Disclosed and reported as a liability. D. Neither disclosed nor reported as a liability.
Answer the following statements true (T) or false (F)
1. Unproductive conflicts are marked by escalation and avoidance. 2. Task oriented conflicts can become dysfunctional if they last too long. 3. Those who display a high level of moral reasoning are more likely use a compromise conflict style. 4. In “quid pro quo” sexual harassment, victims claim that they have to work in hostile working conditions. 5. The rate of sexual harassment experienced by female college students is roughly the same as that encountered by female workers. 6. A negotiator’s interest is his or her public stance.
List five sources for finding prospective employers; give one advantage and one disadvantage of each source