Ernest Operates an Ice Cream Stand During the Months of May,June,July,and

question 9

True/False

Ernest operates an ice cream stand during the months of May,June,July,and August.Ernest's ice cream machine is broken and needs a new part to run.He contracts to have the part shipped to him by special carrier.Ernest emphasizes that the part needs to be delivered by April 25 and the carrier agrees,knowing that Ernest intends to open his stand May 1.If the shipper fails to deliver the part on April 25,Ernest will be able to recover consequential damages caused by the delay.

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Definitions:

Federal Trade Commission Act

A federal law established in 1914 that created the Federal Trade Commission (FTC) and provided it with the power to prevent unfair competition methods and unfair or deceptive acts affecting commerce.

Food and Drug Administration

A federal agency of the United States responsible for protecting and promoting public health through the control and supervision of food safety, tobacco products, dietary supplements, prescription and over-the-counter medications, vaccines, biopharmaceuticals, blood transfusions, medical devices, electromagnetic radiation emitting devices, and veterinary products.

Water Quality

A measure of the condition of water, based on chemical, physical, and biological characteristics, to support its intended use.

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A designation that indicates a product has been tested and approved by the U.S. Food and Drug Administration as safe and effective for its intended use.