In a sale of a used product, the warranty of merchantability may be disclaimed by selling the
product "as is."
Indicate whether the statement is true or false
TRUE
You might also like to view...
Hall Company sells merchandise with a one-year warranty. In the current year, sales consisted of 4,500 units. Itis estimated that warranty repairs will average $10 per unit sold, and 30% of the repairs will be made in the currentyear and 70% in the next year. In the current year's income statement, Hall should show warranty expense of
a. $45,000 b. $13,500 c. $31,500 d. $0
Application controls apply to a wide range of exposures that threaten the integrity of all programs processed within the computer environment
Indicate whether the statement is true or false
Stating bad news in vague terms is a good way to preserve the audience's self-esteem
Indicate whether the statement is true or false.
A capturable segment is one that
A. can be traded on the open market. B. is open to product modification. C. can be influenced to move from the competition. D. can be reached through online communication.