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A salesperson innocently misrepresented a fact to a customer about a new printer.She honestly believed his statement was true and was not careless.Although this fact was not about a term of the contract,it did induce the customer to buy that printer.The next day,the customer learned the true facts and wanted to return the printer.If the store refused to take it back and the customer sued,which of the following would be the most likely result?
Take-home Pay
The net amount of income that an employee receives after deductions like taxes, social security, and retirement contributions are subtracted from their gross salary.
Times Interest Earned
A financial ratio that measures a company's ability to meet its interest obligations, calculated by dividing earnings before interest and taxes by interest expenses.
Interest Expense
The cost incurred by an entity for borrowed funds, typically expressed as an annual interest rate on debts such as loans and bonds.
Income Before Depreciation
Earnings calculated by adding back depreciation expenses to net income, providing a view of profitability before accounting for asset depreciation.
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