Under an implied warranty, consumers have a right to demand their money back if they are dissatisfied with the product for any reason

Indicate whether the statement is true or false


FALSE

Business

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The substantiation test for false and misleading advertising requires:

A) scientific tests B) consumer testimonials C) competent and reliable evidence D) the average person to be convinced it is not false and misleading

Business

A-Plus Carpets Company buys a building for $115,000, paying $30,000 cash and signing a 30-year mortgage note for $85,000 at 11%.

Prepare the journal entry for the purchase. Omit explanation.

Business

Acme Global decided to start offering its employees a $1,000 bonus if they encourage a friend or family member to apply to the company. The employee does not get the bonus until the new hire has been working at Acme Global for one year. Acme Global’s new policy is properly referred to as ______.

A. open recruitment B. targeted recruitment C. closed recruitment D. employee referrals

Business

When Natasha took over as facilities manager for Burlington Furniture Manufacturing, she was shocked to see the factory was still heated with a coal-fired boiler. She made an immediate decision to upgrade the heating system to something more efficient and began to research available options. For Natasha and Burlington Furniture, this represented a(n) ________ situation.

A. modified rebuy B. straight rebuy C. adapted buy D. new buy E. generic buy

Business