The traditional common law rule regarding the sale of property is caveat emptor which means, "let the seller beware."
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Atlas's marketing group is concerned about a macroenvironment that includes demographic, economic, physical, technological, political-legal, and social-cultural forces that affect sales and profits
Indicate whether the statement is true or false
Gaston bought a toaster made by Robinson Electric Co One day while using
the toaster, it exploded causing him to sustain serious injury. The accident occurred either as a result of faulty parts supplied by the parts manufacturer, negligent assembly by the toaster manufacturer or negligent handling by the local retailer. Gaston sued Robinson Electric, the parts manufacturer and the local retailer for his injuries. Which of the following statements is TRUE? A) There will be a presumption that the manufacturer is responsible for the injuries caused. B) Gaston has to prove specifically which of the three companies was responsible for the defect causing his injuries. C) If each of the three defendant are unable to prove which one of them was responsible for the accident, none of them can be held liable. D) If each of the three defendants are unable to prove which one of them was responsible for the accident, they may all be held equally liable. E) Gaston can sue only the manufacturer of the toaster.
In order to test to see if there is any significant difference in the mean number of units produced per week by each of three production methods, the following data were collected. (Please note that the sample sizes are not equal.)
Method I
Method II
Method III
180
170
162
172
192
166
179
190
?
a.Compute 
.b.At ? = .01, is there any difference in the mean number of units produced per week by each method? Show the complete ANOVA table. Use both the critical and p-value approaches.
What will be an ideal response?
If you lose the bank card you use to withdraw cash from your bank by machine, and you report it to the bank within two days, you are liable for how much in losses?
a. $0 b. $500 c. $5,000 d. however much is in your account e. none of the other choices