Under Alternative A of the Code's horizontal privity provision, a corporation may bring a case against the manufacturer of a defective product for breach of the warranty of merchantability
Indicate whether the statement is true or false
False
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Balancing a work cell is done:
A) before the work cell equipment is sequenced. B) as part of the process of building an efficient work cell. C) before takt time is calculated. D) so that each assembly line workstation has exactly the same amount of work. E) to minimize the total movement in a process layout.
Being authentic means
a. being competitive while seeking status and authority. b. withholding information in an effort to succeed. c. telling followers what they want to hear. d. being straightforward, genuine, honest, truthful.
A trade association
a. is always a per se violation of Section 1 of the Sherman Act. b. may be legal if it is sufficiently beneficial to both the association and the public. c. is an innovative, legally efficient approach to doing business. d. always creates illegal territorial or customer restrictions.
A firm is analyzing a relaxation of credit standards that is expected to increase sales 10 percent. The firm is currently selling 400 units at an average sale price per unit of $575, and the variable cost per unit is $400 at the current sales volume
The average cost per unit is $425. What is the additional profit contribution from sales if credit standards are relaxed? A) $23,000 B) $16,000 C) $6,000 D) $7,000