To create an express warranty, a reasonable buyer must regard a seller’s representation of fact—for example, on a product label—as part of the basis of the bargain.

Answer the following statement true (T) or false (F)


True

Business

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Inventory levels for firms using JIT inventory systems compared to firms not using JIT will be:

a. Higher for both work in process and finished goods. b. Higher for work in process and finished goods but lower for raw materials. c. Lower for raw materials, work in process, and finished goods. d. Higher for finished goods but lower for raw materials and work in process.

Business

Define hypothesis and explain how it can be used in OB research.

What will be an ideal response?

Business

Using unbiased and neutral language helps to promote fairness and makes no assumptions about any group of people

Indicate whether the statement is true or false

Business

In all states, communications between an accountant and his or her client are privileged.?

Indicate whether the statement is true or false

Business