Assurances that the product meets agreed-upon specifications in the contract at the time the product is sold.

Which of the following is true of the equity doctrine?

A) Equity is resorted to when an award of money damages would not be the proper remedy. B) In an action in equity, a jury decides the equitable issue. C) An equitable action could be tried with a judge or a jury. D) The doctrine of equity cannot be applied in contract cases.

What type of business entity is a business organization like a general partnership in thatit consists of two or more people who are co-owners of a business for profit but not all of the co-owners of thebusiness are involved in the management and

operation of the business? a. Limited partnership b. Business corporation c. Limited liability partnership d. Limited liability company