A seller who conceals a defect in a product but who does not affirmatively misrepresent the

quality of the product cannot be sued for intentional misrepresentation.

Indicate whether the statement is true or false


FALSE

Business

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If a company regularly imitates rivals by copying new products, marketing messages, or other aspects of their strategy, this is an example of

A. proactiveness. B. competitive aggressiveness. C. innovativeness. D. autonomy.

Business

Procedures specifically outlined in an audit program are designed primarily to

A. Assess risk for planning purposes. B. Detect all errors or fraudulent activities. C. Test internal control systems. D. Gather evidence about management's assertions.

Business

Calculate the book value of the existing asset being replaced.

Degnan Dance Company, Inc., a manufacturer of dance and exercise apparel, is considering replacing an existing piece of equipment with a more sophisticated machine. The following information is given.

The firm pays 40 percent taxes on ordinary income and capital gains.

What will be an ideal response?

Business

In the double forecasting model Ft + k = at + btk, Ft + k denotes the level in the model

Indicate whether the statement is true or false

Business