An Unwritten Guarantee That the Good or Service Is Fit

question 32

Multiple Choice

An unwritten guarantee that the good or service is fit for the purpose for which it was sold is called a(n) ______________.

• A) implied warranty
• B) express warranty
• C) oral warranty
• D) committed warranty

Grasp the economic impact of franchised businesses, including job creation.

Comprehend the process and benefits of becoming a franchisee.

Identify the significant advantages and challenges for both franchisors and franchisees.

Learn about the legal and operational documentation involved in franchising.

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Definitions:

Dysfunctional Environment

A workplace or organizational setting that is characterized by conflict, poor leadership, and low morale, adversely affecting productivity and well-being.

Enlightened Workplace

is an organizational setting that prioritizes employee well-being, ethical practices, and a positive, inclusive culture.

McGregor's Prescriptions

Approach proposed by Douglas McGregor in management theory, advocating for leadership and motivational strategies based on the assumptions of Theory X and Theory Y.

Morale Problem

A situation in an organization where employee confidence, enthusiasm, and discipline are significantly diminished.