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Which One of the Following Statements Is False

question 3

Multiple Choice

Which one of the following statements is false?


Definitions:

Implied Warranty

A legal term for the assumption that a sold good is fit for its intended purpose, even if not expressly stated.

Principal

The amount of money initially invested or loaned, in contrast to interest or profit earned from the investment.

Authority

The authority or capability to issue commands, make choices, and ensure compliance.

Export Controls List

A regulatory document or framework that specifies goods, software, or technology that are restricted or controlled for export, to comply with national security and trade policies.

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