A ________ is a seller's or lessor's express or implied assurance to a buyer or lessee that the goods sold or leased meet certain quality standards

A) bond
B) caveat emptor
C) warranty
D) collateral

C

Business

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Selling agents:

A. Are compensated solely by commissions from their principals B. Act as their principals' representative in a specific and limited territory and specialize in a limited range of products C. Take ownership of the merchandise they sell for manufacturers D. Have no authority to modify their principals' instructions concerning price or terms of sale E. Perform the same functions as manufacturers' reps for their principals

Business

Which of the following would be listed under a company's strengths in a SWOT analysis?

A) Creating a presence on social networks could broaden product awareness and interest. B) Changing economic factors favor the company's position in the market. C) The company maintains efficient and cost-effective relationships with channel partners. D) Changing technological factors will force the company and its competitors to alter many products. E) Changes in media consumption among target consumers will make advertising less expensive.

Business