Job Lots Are Groups or Batches of Parts Processed Together

question 6

True/False

Job lots are groups or batches of parts processed together.

---

Definitions:

Consumer Leasing Act

Federal legislation that requires detailed disclosures of lease terms and costs to consumers before a lease agreement is signed.

Two Months

A period of approximately sixty days or the duration covering two consecutive calendar months.

Mail And Telephone Order Rule

A Federal Trade Commission regulation requiring businesses to ship orders within the timeframe stated in their ads or within 30 days if no time is specified.

Option Notice

A formal communication specifying a choice or requirement to take an action, especially in contracts or agreements.