Which of the Following Statements Is True About Acceptance of Goods

question 69

Multiple Choice

Which of the following statements is true about acceptance of goods and the revocation of that acceptance?

• A) In order to reject nonconforming goods, the nonconformity must be one that substantially impairs the value of the goods to the buyer.
• B) An acceptance of goods can be revoked in any circumstance where the goods could have been rejected initially.
• C) Goods can be rejected in more circumstances than those where an acceptance of goods can be revoked.
• D) If the buyer actually saw and inspected the goods prior to acceptance, the acceptance of those goods cannot be revoked.
• E) Once there has been an acceptance of goods, that acceptance can be revoked only with the consent of the seller.

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Definitions:

Attitudes and Behaviours

Represents the feelings, beliefs, and actions of individuals towards objects, ideas, or people.

Management Approach

A management approach is a specific way of planning, organizing, leading, and controlling organizational activities to effectively and efficiently reach objectives.

Organizational Behaviour

The study of how individuals and groups interact within organizations and how these interactions affect performance, motivation, job satisfaction, and leadership.

Prediction and Explanation

The process of forecasting future events or behaviors and providing reasons or causes for occurrences.