To Be Legally Enforceable,an Express Warranty Must Be in Writing

question 31

True/False

To be legally enforceable,an express warranty must be in writing.

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Definitions:

Asset Reserved

Assets that are held or allocated for a specific purpose or future use.

Seasonal Peaks

Periods of high demand or activity in a business or market that correspond with specific seasons or times of the year.

Revenue Management

The strategic use of pricing to increase the profitability of a business by selling the right product to the right customer at the right time for the right price.

Peak Period

The time frame during which demand for a service or product is at its highest.