An Express Warranty Can Be Created by Which of the Following

question 43

Multiple Choice

An express warranty can be created by which of the following?

• A) An affirmation of fact or promise.
• B) A description.
• C) A model.
• D) All of the above.

---

Definitions:

Dividends Per Share

The amount of dividend that a company pays out to each shareholder, expressed on a per share basis.

Common Stock

A type of security that represents ownership in a corporation, entitling the holder to vote on corporate matters.

Par Value

The face value of a bond or stock as stated by the issuing company.

Cash Dividend

A disbursement by a company to its stockholders, typically coming from earnings.