While a licensee is showing a property to a prospective buyer, the licensee tells the prospective buyer the property has a "fantastic view." Would the prospect be likely to successfully use that statement as a basis for a legal complaint?
A. Yes, because it would be considered a misrepresentation.
B. Yes, because it is illegal for a licensee to use nonfactual extravagant statements.
C. No, because this statement would be considered puffing and not grounds for a misrepresentation.
D. No, because as long as a prospect has seen a property where are no grounds for any later complaints.
Answer: C. No, because this statement would be considered puffing and not grounds for a misrepresentation.
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Henderson Corporation is a supplier of alloy ball bearings to auto manufacturers in Detroit. Because of the specialized manufacturing process employed, considerable work-in-process and raw material inventories are created
The average inventory levels are $1,152,000 and $2,725,000, respectively. In addition, finished goods inventory is $3,225,000, and sales (at cost) for the current year are expected to be about $24 million. The inventory turnover that Henderson Corporation is currently expecting is: A) less than 2.0. B) greater than 2.0 but less than 2.5. C) greater than 2.5 but less than 3.0. D) greater than 3.0.
A recent comprehensive survey comparing the stressors faced by men and women in the workplace concluded that ________
A) women encountered more changes and greater pressure to perform well on the job B) chaotic, demanding jobs are more likely to be stressful for women than for men C) women are more likely than men are to be victims of sexual harassment on the job D) All of the above