A disclaimer of the implied warranty of merchantability must be in writing to be valid
Indicate whether the statement is true or false
FALSE
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Which of the following is the best definition for marketing?
A) Marketing is an organizational function and a set of business activities designed to make profits. B) Marketing is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders. C) Marketing is a business function and a process for determining the value customers desire in order to gain profit for business organizations and to seek societal benefits through nonprofit marketing. D) Marketing is finding a hole and filling it while earning profitable dollars. E) Marketing is the result of the equilibrium of supply, demand, marginal cost, and marginal revenue.
The XYZ Co. plans to open a new facility in Canada to be able to reach its Canadian customers more quickly. Which of the following is true regarding labor-related considerations of the new facility?
A) Canada does not possess a statuary minimum wage law. B) Federal legislation in Canada can override provincial laws. C) Both individual and collective employment relationships are controlled at the province level. D) There is one common law governing individual employment contracts for all provinces.