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Reference - Hot Toaster. Rebecca bought a toaster from Super Store and brought it home. A friend of hers, Greg, was at her house making toast. The toaster malfunctioned and shocked Greg resulting in a small burn to his hand requiring medical attention. At a garage sale, Rebecca also purchased a blender from a friend, Samantha. When she paid for the blender, Rebecca said that it would be great for making smoothies. Samantha said nothing and just smiled while taking Rebecca's money. Unfortunately, the blender was not powerful enough to make smoothies. Which of the following is true regarding whether Samantha made an implied warranty of fitness for a particular purpose to Rebecca that the blender would make smoothies?
401(k) Plans
Retirement savings plans sponsored by employers, allowing employees to invest a portion of their paycheck before taxes are taken out.
Worker's Choices
The range of options available to employees regarding job selection, work hours, and career paths.
Inconsistent Over Time
Refers to situations where behavior, performance, or conditions change and do not follow a constant pattern across different periods.
Microeconomic Principles
The study of individual, household, and firm behaviors in decision-making and allocation of resources, often in markets where goods or services are bought and sold.
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