Match Each of the Definitions That Follow with the Appropriate

question 7

Multiple Choice

Match each of the definitions that follow with the appropriate investment term (a-j) .
-The method of reporting an investment that represents less than 20% of the voting stock of another company

• A)Debt securities
• B)Equity securities
• C)Investor
• D)Investee
• E)Cost method
• F)Trading securities
• G)Available-for-sale securities
• H)Held-to-maturity securities
• I)Equity method
• J)Business combination

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Definitions:

Implied Warranty

A legal concept that guarantees a product will meet basic standards of performance and quality without being explicitly stated.

Warranty Of Fitness

An assurance that a product will meet a buyer's specified purpose or needs, often implied in a sale unless specifically excluded.

Implied Warranty

A legally assumed guarantee that a product will meet certain quality and reliability standards.

Warranty Of Fitness

A guarantee provided by a seller that the goods or services sold will be appropriate and suitable for the specified purpose.