Harley-Davidson promotes its motorcycles with images of independence, freedom, and power. Harley-Davidson has created a ________

A buyer signed a purchase agreement that contained the words, "Buyer to accept property in 'as is' condition." There were defects in the electrical system that the seller knew of but that would not be apparent to an ordinary person; the broker did not disclose these defects. If the buyer sued the broker for fraud:

A. the buyer would prevail, since the duty to disclose latent defects is not affected by an "as is" clause B. the buyer would prevail, since "as is" only refers to obvious defects C. the broker would prevail, since the "as is" clause limits his liability D. the broker would prevail, despite the fact that the "as is" clause does not limit his liability, because the buyer did not have the electrical system inspected by an expert

Refer to the Ace Electronics annual report above. Using horizontal analysis with 2010 as the base year, 2011 Cost of goods sold would be represented as ________

A) 105% B) 38% C) 6% D) 5%