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Since the 1960s,net inventory investment has been positive
Implied Warranty
A warranty that is not explicitly stated but is assumed in a sale, ensuring the product is fit for the intended purpose.
Fitness for a Particular Purpose
An implied warranty that goods will meet the specific needs of the buyer, as known by the seller at the time of purchase.
Merchant
A person or company involved in wholesale trade, especially one dealing with foreign countries or supplying merchandise to a particular trade.
Implied Warranty
An implied warranty is a legal assumption in sales that the goods sold meet certain quality and reliability standards, even if not expressly stated.
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Q256: Which statement is not true?<br>A)Induced consumption is