Blake Ross, Creator of the Web Browser Firefox Is an Example

question 42

Multiple Choice

Blake Ross, creator of the web browser Firefox is an example of an entrepreneur who has used _______________to create and build highly successful businesses.

• A) Small Business Administration grants
• B) College students
• C) The Internet
• D) Stable cost benefit ratios
• E) Acquisitions

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Definitions:

Implied Warranty

A legal term for guarantees that are not expressly stated but are assumed in the sale of goods or services, ensuring basic standards of quality and functionality.

Merchantability

A legal concept referring to the implicit guarantee that a product is fit for the purposes for which it is sold.

UCC

A wide-ranging series of statutes known as the Uniform Commercial Code is in place to govern commercial activities across the US.

Implied Warranty

A legal assurance in a transaction that the goods or services sold meet certain standards even if not explicitly stated.