After Hal Li purchased and installed a wood-burning stove to heat his home, the stove caught fire and damaged much of the house. He believes the stove had inadequate insulation. Hence, Li should voice his concerns to the Federal Trade Commission

Indicate whether the statement is true or false
a. True
b. False


ANSWER: False

Li should voice his concerns to the Consumer Product Safety Commission which is designed to protect health and safety of consumers in and around their homes.

Business

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Where the owner or operator of a vessel is willing to carry goods for more than one person, the vessel is known as a free carrier

Indicate whether the statement is true or false

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Presentment is a demand made by or on behalf of a person entitled to enforce the instrument for:

a. payment by the drawee or other party obligated to pay the instrument. b. acceptance by the drawee of a draft. c. Both are correct. d. None of these are correct.

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Only direct losses from a breach of contract may be recovered by an injured party

Indicate whether the statement is true or false

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The ___________ is a global public network of computer networks that pass information from one to another using common computer protocols.

Fill in the blank(s) with the appropriate word(s).

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