Question

In: Operations Management

Which of the following statements about the notice requirement under the Code is false? A.) No...

Which of the following statements about the notice requirement under the Code is false?

A.)

No remedies are available to a buyer who fails to give the required notice.

B.)

The requirement that notice be given within a reasonable time after the defect is discovered is liberally interpreted to protect consumer buyers.

C.)

Notice is given either by filing a suit for breach of warranty against the seller, or by sending a written notice of the defect to the seller.

D.)

One reason for the notice requirement is to give the seller the opportunity to fix or replace the defective product.

Solutions

Expert Solution

Answer is C Notice is given either by filing a suit for breach of warranty against the seller, or by sending a written notice of the defect to the seller.

One can provide opportunity to fix defecr or replace product, within specific time period it must be shown to seller but there is no need to file a suit for breach of warranty or written notice of defect


Related Solutions

Which of the following statements about receptor potentials is FALSE?
Which of the following statements about receptor potentials is FALSE? A. They are changes in the resting membrane potential of a sensory cell in response to a stimulus. B. The receptor potential spreads from the cell body of a sensory cell to the axon hillock, where action potentials can be generated C. One receptor potential always prompts the release of a neurotransmitter that induces an associated neuron to generate an action potential. D. They must be converted into action potentials...
Which of the following statements about the nuclear envelope is FALSE?
Which of the following statements about the nuclear envelope is FALSE? A. It is composed of two membranes (a double membrane) B. Unlike other membranes in the cell, it primarily consists of complex polysacchrides such as cellulose C. It is supported by a cytoskeletal network known as nuclear lamina D. It contains pores for the passage of large molecules E. It contains the chromosomal DNA of eukaryotic cells  
Which of the following statements about codes of conduct is false? -They are formal statements of...
Which of the following statements about codes of conduct is false? -They are formal statements of what an organization expects of its employees. -They guarantee an ethical business climate. -They help employees determine what behaviors are acceptable. -They provide rules and guidelines for employees to follow. -They should be specific enough to be reasonably capable of preventing misconduct. ____________________________________________________________________________________________________ While ideally the board of directors financial audit committee conducts ethics audits, in most firms they are conducted by: -managers or...
Which of the following statements about perfect price discrimination is false?
Which of the following statements about perfect price discrimination is false?A condition for perfect price discrimination is that it must be costlier to service some customers than others.There is no consumer surplus if a firm engages in perfect price discrimination.For the price-discriminating firm, its marginal revenue curve coincides with its demand curve.Perfect price discrimination occurs when the seller charges the highest price each consumer would be willing to pay for the product.
Decide which of the following statements are True and which are False about equilibrium systems: If...
Decide which of the following statements are True and which are False about equilibrium systems: If K = 8 for the reaction A + B ⇌ C + D, K will equal -8 for the reaction C + D ⇌ A + B For a reaction with K >> 1, the rate of the forward reaction is less than the rate of the reverse reaction at equilibrium. The value of K at constant temperature does not depend on the amounts...
Decide which of the following statements are True and which are False about equilibrium systems: The...
Decide which of the following statements are True and which are False about equilibrium systems: The value of K at constant temperature depends on the amounts of reactants and products that are mixed together initially. For a reaction with K >> 1, the rate of the forward reaction is less than the rate of the reverse reaction at equilibrium. A large value of K means the equilibrium position lies far to the left. For the following reaction: CaCO3(s) ⇌ CaO(s)...
Which of the following statements is FALSE?
 Which of the following statements is FALSE? meiosis creates genetic diversity in sexually reproducing organisms gametes are haploid cells produced by meiosis mitosis produces four genetically identical daughter cells  somatic cells are diploid cells produced by mitosis
Which of the following statements is FALSE?
Which of the following statements is FALSE?a. The rate of second order reactions is dependent on concentration.b. The rate of a first order reaction is dependent on concentraion.c. The half life of a second order reaction is not dependent on concentration.d. The half life of a zero order reaction is dependent on concentration.e. None of the statements are FALSE.
Which of the following statements is false?
Which of the following statements is false? a. A discouraged worker is not counted as an unemployed worker b. The frictional unemployment rate is greater than the natural unemployment rate. c. The natural unemployment rate is greater than the structural unemployment rate d. The natural unemployment rate is equal to the sum of the frictional unemployment rate and the structural unemployment rate.
Which of the following statements about process efficiency is FALSE? A process is efficient if it...
Which of the following statements about process efficiency is FALSE? A process is efficient if it is able to achieve a high flow rate with few resources. Cost of direct labor goes up if flow rate goes up  Revenue goes up if flow rate goes up Cycle time goes up if flow rate goes down.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT