A technical analyst might use credit balances in brokerage accounts as follows:
a. Sell stock when credit balances rise
b. Buy stock when credit balances rise
c. Sell stock when credit balances decline
d. b and c
e. None of the above
D
Business
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Which of the following is true of how an implied warranty of merchantability is created?
A) It is made by the buyer or lessee. B) It is implied by law if the seller or lessor is a nonmerchant. C) It is implied by law if the seller or lessor is a merchant. D) It has to be explicitly expressed in a contract.
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