The value of the euro floats against other major international currencies, but has a fixed value whe
compared to the currencies of the countries in the European Union, such as the French franc and
the German mark.
Indicate whether the statement is true or false
FALSE
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Which of the following statements is true of implied warranty of merchantability?
A) It states that the product being sold is the safest one that can be produced with the scientific knowledge available. B) To meet the standard of merchantability, the product must be adequately contained, packaged, and labeled as the agreement may require. C) This warranty is made even if the seller does not regularly sell that type of good. D) The Uniform Commercial Code considers contracts related to consumer goods that limit damages for injuries to a person as valid.
The average outgoing quality (AOQ) is:
A) the average number of good units produced per hour. B) the expected proportion of defects a sampling plan will allow. C) the level of quality desired by the customer. D) the worst level of quality tolerated by the consumer.