If a written limited warranty is given for a consumer product, it may state that there is no warranty of merchantability as long as this disclaimer is conspicuous
Indicate whether the statement is true or false
False
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________ are acts, efforts, or performances exchanged from producer to user without ownership rights
A) Tangibles B) Services C) Ideas D) Brand extensions E) Licenses
How can an organization effectively monitor what others are saying about the organization?
A) Google search key terms B) Subscribe to a RSS feed C) Follow blogs D) "Like" competitors E) Tweet questions to followers on a regular basis
Barbara Brown has hired Gerry Grey as her agent to purchase used machines for a manufacturing plant with instructions not to pay over $10,000 per machine
Gerry makes it clear that he is acting as agent for Barbara and makes a contract to purchase a machine for $15,000 from Rick Redd. When Barbara learns of it, she wants to cancel the contract. Which of the following statements is TRUE? A) The contract with Rick is binding on Barbara because any limitations on an agent's authority not told to third parties are not effective. B) The contract with Rick is not binding on Barbara because she did not sign it personally. C) The contract with Rick is not binding on Barbara but it is binding on Gerry because he went beyond his authority. D) The contract with Rick is not binding on Barbara because she did not ratify it. E) The contract with Rick is binding on Barbara but she only has to pay $10,000 for the machine
Artistic Framing, a business with $120,000 of unsecured debt, needs to file for bankruptcy, but wants to continue in business. Discuss what chapter of the Bankruptcy Code should be used, and discuss the effect of the 2005 amendment to the Code on the proceedings