Which of the Following Is True of Values

question 95

Multiple Choice

Which of the following is true of values ?

• A) They have content and intensity attributes.
• B) They are always established in a person's later years.
• C) They never change irrespective of external factors.
• D) They are invariably fluid and flexible in nature.
• E) They are void of a judgmental element.

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Definitions:

Warranty

An assurance, either express or implied, by one party that the other party can rely on its representations of fact; in sales, a binding promise regarding a product in the event that the product does not meet the manufacturer’s or seller’s promises.

Written Warranty

A documented guarantee provided by a manufacturer or seller, detailing the conditions under which a product can be returned, replaced, or repaired.

Magnuson-Moss Act

A federal law that governs warranties on consumer products to protect buyers from deceptive warranty practices.

Enacted

Formally made into a law or statute.