One class of ________ consumer laws, the ________ laws, gives consumers warranty and refund rights on used cars when a material defect can be shown

A) state; fruit-of-the-poisonous-tree
B) federal; lemon
C) state; lemon
D) federal; fruit-of-the-poisonous-tree

C

Business

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The auditor has no responsibility to plan and perform the audit to obtain reasonable assurance that misstatements that are not ________ are detected

A) important to the financial statements B) statistically significant to the financial statements C) material to the financial statements D) identified by the client

Business

A person who is obtaining insurance from an insurance company's agent is not usually protected until a formal written policy is issued

Indicate whether the statement is true or false

Business