Question
In: Operations Management
When a fact is known to the agent of a seller, the sale is deemed made...
When a fact is known to the agent of a seller, the sale is deemed made by the seller with knowledge of that fact.
a. True b. False
Solutions
Expert Solution
Answer: True
As described by Ronald Aberdeen Anderson, Ivan Fox, David P. Twomey in the book "Business law", when a fact is known to the agent of a seller, the sale is deemed made by the seller with knowledge of that fact.
keosha answered 1 year agoRelated Solutions
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2.
If a process is deemed to be functioning properly when it is in
fact out of control, which of the following is true?
a.
A Type I error has occurred which is the producer's risk.
b.
A Type II error has occurred which is the producer's risk.
c.
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d.
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e.
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3.
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Intentional misrepresentation or concealment of a known fact by any agent in a real estate transaction...
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a) a breach of the seller's agent's general duty owed to the
buyer to respond truthfully.
b) a breach of the buyer's agent's agency duty owed the buyer
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c) Both a and b.
d) Neither a nor b.
A property's net operating income (NOI) represents the...
Under the UCC, when a contract for the sale of goods is breached by the seller...
Under the UCC, when a contract for the sale of goods is breached
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(2) What opportunity must the seller be given if the time for
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Under the UCC, when a contract for the sale of goods is breached by the seller...
Under the UCC, when a contract for the sale of goods is breached
by the seller for failure to tender conforming goods to the buyer;
after the buyer has had an opportunity to inspect the goods: (1)
What are the buyer's options in terms of accepting or rejecting the
nonconforming goods? (2) What opportunity must the seller be given
if the time for performance has not expired? (3) What is deemed to
have occurred if the buyer fails to reject...
When a seller uses its economic power to condition the sale of one product on the...
When a seller uses its economic power to condition the sale of
one product on the buyer's agreement to buy a second product from
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A monopoly
A horizontal restraint on trade.
A tying agreement.
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B.) use historical data to record sales revenue in the amount
that is expected to be received
C.) record two adjusting entries to account for the estimated
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D.) All of the statements are correct.
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property from a short sale.
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