Which of the following is not a reason to have a will?
A) To distribute your assets as you wish
B) To insure that your debts are paid
C) To reduce the costs being imposed on the estate
D) To appoint a legal guardian for children
Answer: B
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An example of an ethical dilemma of high moral intensity would be whether or not to make a personal toll call on a company telephone.
Indicate whether the statement is true or false.
Which of the following best describes an express warranty?
A) Any promise, oral or written, obligating the seller to repair or replace goods for a specified period of time B) Any statement or other representation made with respect to goods C) A written provision obligating the seller to repair or replace goods for a specified period of time D) Any guarantee that the goods will pass without objection in the trade
Underlying any economic environment is technology that affects
A. how fast consumer attitudes change. B. how the economy's resources are converted to output. C. how aggressive competitors are in planning new marketing strategies. D. how competitors react to each other. E. how quickly technological developments lead to new consumer protection laws.
A court will normally interpret the language of a contract according to what the parties claim their intent was when they made it
Indicate whether the statement is true or false