Entity Relation Diagrams are a common way of depicting entities and relations in a diagram

Indicate whether the statement is true or false


TRUE

Business

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An implied warranty of ________ is a warranty that arises where a seller or lessor warrants that the goods will meet the buyer's or lessee's expressed needs

A) merchantability B) fitness for a particular purpose C) fitness for human consumption D) good title

Business

Jiniva now feels that her teeth are not white enough after seeing advertisements for whitening toothpaste. Marketers promote these brands based on ____ needs, appealing to sex appeal.

A. physiological B. esteem C. self-actualization D. psychological E. social

Business

The district of Dansas in Nerito, a European country, is a major producer of walnuts. All producers in the district sell packaged walnuts. The market structure is flexible enough for producers to enter and leave the market as and when they wish, but no single producer has control over the prices of the product. Which of the following market structures exists in Dansas?

A. Pure competition B. Monopoly C. Monopolistic competition D. Oligopoly

Business

The Merit Systems Protection Board issues a rule. Like other administrative agencies' rules, this rule is as? A) binding as a law passed by Congress

B) persuasive as an expert's opinion. C) suggestive as a newspaper's editorial. D) unenforceable as a salesperson's puffery.

Business