Kevin Goes to the Store to Purchase a Fully-Automatic Washing

question 68

Multiple Choice

Kevin goes to the store to purchase a fully-automatic washing machine.He browses through several models of washing machines,but does not let the salesperson know that he wants a fully-automatic model.While signing the sales contract,he does not notice that the model he is purchasing is a semi-automatic machine.After purchase,which of the following options does Kyle have?

• A)Exchange the machine with a fully-automatic one and sue the store if its does not accept it.
• B)Demand a full cash refund from the store for fraud in concealment.
• C)Sue the store for its innocent misrepresentation.
• D)Keep the semi-automatic washing machine as he made a unilateral mistake.

Comprehend the structure and components of the Balance Sheet and Income Statement.

Analyze the effects of business transactions and events on owner's equity.

Apprehend the significance of account numbers in organizing financial information.

Understand the security measures like passwords in QuickBooks and their importance in safeguarding financial data.

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Definitions:

Job Seekers

Individuals actively looking for employment or exploring the job market.

Unemployed Workers

Unemployed workers are individuals actively seeking employment but are unable to find work, forming part of the labor force.

Unemployment Insurance

A program run by the government that offers monetary support to people who are unemployed due to reasons beyond their control.

Labor Force

The total number of people aged 16 and over who are either employed or actively seeking employment.