The term "as is" in a purchase contract includes which of the following.
a. Observable conditions only.
b. Only condition stipulated by the seller.
c. Non-observable conditions.
d. Only conditions for which the seller is directly responsible.
Answer: a. Observable conditions only.
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The POP system allows firms to:
A. Purchase securities for up to two years without registration B. Incur only short time delays in selling securities C. Wait for two years before paying for securities D. Offer rights issues to non-existing shareholders
Which of the following is an advantage of using an internal database?
A) Data always remains current in internal databases. B) Highly sophisticated equipment and techniques are not required for maintaining internal databases. C) Internal databases can be accessed more quickly and cheaply than other information sources. D) Internal databases require less maintenance efforts. E) Information obtained from internal databases is almost always sufficient for making marketing decisions.