Proof of substantial impairment of the value of a contract to the buyer is required to justify revocation of acceptance

Indicate whether the statement is true or false


True

Business

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A comparison of the amounts for the same item in financial statements of two or more periods is called

a. vertical analysis. b. competitive analysis. c. earnings per share. d. horizontal analysis.

Business

Each of the following might, by itself, form a valid basis for an auditor to reduce substantive testing except for the:

A. difficulty and expense involved in testing a particular item. B. assessment of control risk at a low level. C. high quality of the evidence gathered. D. low inherent risk involved.

Business

In marketing, each ________ consists of people who are relatively similar to each other in terms of their consumption behavior.

A. ultimate consumer group B. market segment C. demographic cluster D. qualified prospect group E. organizational buyer group

Business

Landlords can evict a tenant if:

a. the tenant fails to pay the rent. b. the lease expires and the tenant refuses to move out. c. the tenant keeps a pet in violation of the lease and refuses to get rid of it. d. All of these.

Business