An "as is" clause means that the:
a. broker will personally cover the cost or repairing any defect
b. buyer and seller must both contribute to cover the cost of repairing defects.
c. seller will not be responsible for the cost of repairing any defect
d. buyer will not be responsible for the cost of repairing any defect.
Answer: c. seller will not be responsible for the cost of repairing any defect
You might also like to view...
Companies are always looking for ways to increase face-to-face selling time. All of the following are ways to accomplish this goal EXCEPT
A) using phones and video conferencing instead of traveling B) simplifying record keeping and other administrative tasks C) developing better sales-call and routing plans D) reducing the number of customers each sales rep must visit E) supplying more and better customer information
Prepaid Rent is a(n) ________ account and has a normal ________ balance.
A) asset; debit B) liability; credit C) liability; debit D) asset; credit