Disclosure Will Become Less Important in the Future Because of Market

question 1

True/False

Disclosure will become less important in the future because of market efficiency.

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Definitions:

Merchantability

A guarantee that a product will meet reasonable consumer expectations of quality and suitability for use as sold.

Express Warranty

A formal declaration by a seller or manufacturer promising the quality and reliability of a product, explicitly stated in a contract or agreement.

Advertisement

A public notice promoting a product, service, or event, intended to attract interest, engagement, or sales.

Motor Oil

A lubricant used in internal combustion engines to reduce wear on moving parts, clean the engine from sludge, and enhance performance.