_________ Costs Include Manufacturing Costs,labor,taxes,utilities,insurance,and Rent

question 29

Multiple Choice

_________ costs include manufacturing costs,labor,taxes,utilities,insurance,and rent.

• A)Internal
• B)External
• C)Safety
• D)Potential
• E)True

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Definitions:

Assurances

Statements or actions intended to provide confidence or certainty about a condition or result.

Representations

Statements of fact made by one party to another before or at the time of entering into a contract, intended to induce the other party into the contract.

Warranties of Title

Guarantees given by a seller to a buyer that the seller has the right to transfer ownership and no undisclosed liens exist on the property.

Express Warranty

A clearly stated or written guarantee made by a seller about the quality or performance of a product, which becomes part of the contract.