An obligation of the merchant-seller that the goods are reasonably fit for general purposes for which they are manufactured and sold, and the goods are of fair average quality is known as:
a. a warranty of merchantability.
b. strict liability.
c. an express warranty.
d. a warranty of fitness for a particular purpose.
a
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All the following are standards of accounting information except
a. flexibility. b. reliability. c. understandability. d. relevance.
The factors that result in job satisfaction and job dissatisfaction are quite similar
Indicate whether the statement is true or false
Causal or predictive reasoning is a logical process in which one analyzes the resources available and restraints on the use of resources to create an attainable goal.
Answer the following statement true (T) or false (F)
In order to estimate the average electric usage per month, a sample of 81 houses was selected, and the electric usage was determined. Assume a population standard deviation of 450-kilowatt hours. The standard error of the mean is
a. 450 b. 81 c. 500 d. 50