Under the Uniform Commercial Code manufacturers are faced with a(n) _____ in which their products carry an implication of merchantability and fitness.

Which of the following is not correct about the intrastate offering exception under the Securities

Act of 1933? A) The issuer must be a resident of the state for which the exemption is claimed. B) The issuer must do business only in the state for which the exemption is claimed. C) The purchasers must all be residents of the state for which the exemption is claimed. D) The issuer can qualify for the exemption in only one state.

This is the most informal form of performance measurement

A) oral reports B) written reports C) statistical reports D) personal observation