Under what type of warranty is the seller obligated to fix or replace a defective product within a reasonable time at no cost to the buyer??

A) full
B) express
C) limited
D) implied


A

Business

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Mary bought a bond ?a debt security for $2,500 with a nominal interest rate of 5 percent. If the inflation rate is 4 percent and Mary must pay 30 percent of her income in taxes, her after-tax nominal interest income is _____.

A. ?$87.50 B. ?$22.50 C. ?$37.50 D. ?$48.50

Business

Which of the Situational Leadership II Model leadership styles is closest to an authoritarian style?

a. directing b. coaching c. supporting d. delegating

Business

The Committee on Accounting Procedures (CAP) was immediately succeeded by:

a. the Financial Accounting Standards Board (FASB). b. the Accounting Principles Board (APB). c. the Accounting Research Board (ARB). d. the Financial Accounting Foundation (FAF).

Business

If a copyright expires, the material is said to be—

a. open to fair use b. common knowledge c. in the public domain d. intellectual property

Business