Which of the Following Is a Positive Statement

question 105

Multiple Choice

Which of the following is a positive statement?

• A) Individuals should make good long-term decisions.
• B) Corporations should maximize shareholder value.
• C) The government should reduce the level of unemployment.
• D) The most important effects of policy happen in the short term.
• E) The unemployment rate is 8 percent.

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Definitions:

Oral Express Warranties

Verbal promises made by a seller to a buyer about the nature or quality of the product being sold.

Sales Agreement

A contract between a buyer and seller outlining the terms and conditions of a sale of goods or services.

Liability

The state of being legally responsible for something, often referring to financial obligations incurred through actions or by contract.

Lemon-Law

Legislation that offers remedies to consumers for products, especially vehicles, that fail to meet standards of quality and performance after multiple repair attempts.