The implied warranty of merchantability holds that in selling a product a business implicitly offers assurances that the product is reasonably suitable for its purpose.
Answer the following statement true (T) or false (F)
True
The implied warranty of merchantability holds that in selling a product a business implicitly offers assurances that the product is reasonably suitable for its purpose.
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The first step in the accounting record-keeping process is:
a. recording each transaction in a file or other record in the form of a journal entry. b. posting the amounts from the journal entries to individual balance sheet and income statement accounts in a general ledger. c. making adjusting journal entries to the accounts to correct errors and to reflect the financial statement impacts of items that occur because of usage or the passage of time. d. preparing the income statement for the period from amounts in the income statement accounts. e. preparing the balance sheet from amounts in the balance sheet accounts.
A retailer can reduce labor costs associated with shopping-line waiting time through _____
a. logistics management b. mass customization c. self-scanning d. inventory scheduling
A totten trust may also be referred to as a savings account trust
a. True b. False Indicate whether the statement is true or false
Discuss the four elements that must be proven in order to win a defamation case.?
What will be an ideal response?