Which of the following statements made by the seller does not likely constitute an express warranty??
A) "This looks beautiful on you."
B) "This is 100 percent wool."
C) "This motor generates 100 horsepower."
D) "This is a 3.2 liter rotary engine."
A
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Which of the following is considered a product cost?
A. Salaries paid to the employees of a merchandiser B. Transportation cost on goods received from suppliers C. Transportation cost on goods shipped to customers D. Utility expense for the current month
Identify one exception to the general requirement that the authorities obtain a search warrant in a criminal investigation
On a given trading day, 700 stocks advanced and 1,200 stocks declined. The volume of declining stocks was 280 million while the volume of advancing stocks was 530 million. What is the ARMS (a.k.a. TRIN) index value for the day?
A) 0.31 B) 0.91 C) 1.10 D) 3.24
Suppose you just purchased a corporate bond with a par value of $1,000 for $951.25. It carries a 7% coupon rate and will mature in 5 years. What is the yield to maturity?
A) 6.14% B) 7% C) 8.23% D) 12%