7. Which one of the following is not an element of strict liability? O A. With intent to mislead buyer B. Defective product OC. Buyer suffers physical injury OD. Seller sells to buyer
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- Copyright © by Co-Bus Software, inc Copying, distributing, or Sid party wete posting expressly prohibited and constates copyrighvation the world's highest in Europe-Africa in Years 11-15, but is the highest in the world in the Asia Pacific region in Years 16-20. O highest in North America and Europe-Africa during the Year 11-15 period but is highest in the Asia-Pacific and Latin America regions during Years 16-20. O higher in the Asia-Pacific and Latin America regions than in the North America and Europe- Africa regions in Years 11-15; the same is true in Years 16-20. O 12-14% annually in all 4 regions during the Year 11-Year 15 period and 10-12% annually in all 4 regions during the Year 16-Year 20 period. O 10-12% annually in all four regions during Years 11-15. 3 6655Manufacturer's agents take title to products and resell them. 1 True 2 False7. Which one of the following is not an element of strict liability? O A. With intent to mislead buyer OB. Defective product OC. Buyer suffers physical injury OD. Seller sells to buyer O Mark for review (Will be highlighted on the review page) «Previous Question Next Question >>>
- true or false ? subject :Sales Management 7. Commission is a fixed sum of the price of the product or service that salespeople earn for their selling efforts. 8. Modified re-buy is the purchase of a product or service that is currently being bought, but for important reasons the buyer is considering same vendors or products again.Question 9 Donald puts a lot of money into a bucket and gives Bernie a power of appointment over the money in the bucket. Bernie has the power to distribute that money only to himself, his creditors, his estate, or his estate's creditors. What is the correct name for his power of appointment? It is a/an: General power of appointment Limited power of appointment Question 10 True or False. The spousal consent rules for the annual exclusion require the non-donor spouse to consent to all gifts made by the donor spouse in that year; he or she cannot select which gifts he or she will join and which he or she will not. True FalseThe duty of restoration is to protect adults that enter into contracts with children. Question 21 options: True False Minors are liable on certain contracts that are seen as necessaries of life...ie a contract for health insurance. Question 22 options: True False Consideration requires a bargained for exchange of value from both parties. Question 23 options: True False There does not need to be any exchange of words for there to be an implied contract. Question 24 options: True False When an illegal contract is executed upon, the court normally will leave the parties where it finds them even if partial performance has occurred. Question 25 options: True False
- Ethics If a company knows that a snack or beverage is typically consumed in a single sitting (such as a bottle of soda or a bag of chips), is it ethical for that com- pany to include on the product's nutrition label values based on the identification of multiple servings within the product (that is, the nutrition values displayed would represent a single serving of the product that is less than the whole product, making it necessary to multiply those values by the number of servings to identify the total nutritional value of the package)?115 Offering or negotlating the terms of a loan includes which of the following actions? A) Providing general explanations or descriptions in response to a consumer's inquiry B) Making an underwriting decision about whether an applicant qualifies for a loan C) Presenting particular loan terms to an applicant verbally, in writing, or otherwise D) Arranging the loan closing or other aspects of the loan processChoose the right answer. 5. (Sale of Goods) Amira bought a big oven yesterday. Today her little sister, Bashira takes the oven to her house to bake a cake, after she receive permission to do so. Tomorrow her friend Cinthia wants to rent the oven and and she already paid RM50 for it. Who has the title to the machine? a. Asmira b. Bashira c. Cinthia d. Amira and Cinthia e. Amira and Bashira 6. (Sale of Goods) Who has possession of the machine? a. Asma b. Bashira c. Cinthia d. Amira and Cinthia e. Amira and Bashira 7. (Sale of Goods) Who has the legal right to the machine? a. Asma b. Bashira c. Cinthia d. Amira and Cinthia e. Amira and Bashira 8. (Sale of Goods) Who has the equitable right to the machine? a. Asma b. Bashira c. Cinthia d. Amira and Cinthia e. Amira and Bashira
- The fraud-on-the-market theory creates a presumption of securities fraud based on plaintiff's reliance on defendant company's misrepresentations which affected the market price of the company's shares. Question 20 options: True False95 mortgage loan originator is permitted to receive compensation for a closed mortgage loan in which of the folloving ways? A) Terms of the transaction - higher interest rate D) Terms of the transaction - interest only mortgage loan C Directly from the consumer at closing D) Directly from the consumer and from the seller's agent at closingIn a dispute involving a written, integrated contract, the parol evidence rule excludes which type of evidence? Question 1 options: Evidence that existed before the contract was finalized Evidence that did not exist until after the contract was finalized Evidence came into existence regardless of a valid contract None of the above