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A Rise in Sea Level Is Least Likely to ____

question 44

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A rise in sea level is least likely to ____.

Identify different strategies for determining the value of a business.
Understand the protection methods for intellectual property.
Analyze the value and types of inventory in business purchases.
Recognize the financial mechanisms available for purchasing a business.

Definitions:

Assurances

Statements or actions intended to provide confidence or certainty about a condition or result.

Representations

Statements of fact made by one party to another before or at the time of entering into a contract, intended to induce the other party into the contract.

Warranties of Title

Guarantees given by a seller to a buyer that the seller has the right to transfer ownership and no undisclosed liens exist on the property.

Express Warranty

A clearly stated or written guarantee made by a seller about the quality or performance of a product, which becomes part of the contract.

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