Unlike Express Warranties, Implied Warranties

question 211

Multiple Choice

Unlike express warranties, implied warranties:

• A) are not automatically imposed on sellers unless they specifically disclaim them
• B) are automatically imposed on sellers unless they specifically disclaim them
• C) cannot be automatically imposed on sellers
• D) are imposed by the buyer
• E) are imposed by the seller

Familiarize with the relationship between organizational behaviour and organizational performance.

Comprehend the significance of prediction and explanation in managing organizational behaviour and its outcomes.

Acknowledge the diversity and equality challenges in leadership positions within organizations.

Understand the fundamental characteristics and differences between market and command economic systems.

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Definitions:

Consequences

The outcomes or results that directly follow from an action or decision, whether they are intended or unintended.

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Liability

The state of being responsible for something, especially in terms of legal or financial obligations.

Aadhaar

A 12-digit unique identity number issued by the Indian government to residents based on their biometric and demographic data.