Which of the Following Is False

question 37

Multiple Choice

Which of the following is false?

• A)​Markets can make products better.
• B)​Markets can make products cheaper.
• C)​Markets can create new products.
• D)​Markets only result in producing those goods and services that are socially desirable.

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Definitions:

Breached a Contract

The failure to perform any term of a contract, written or verbal, without a legitimate legal excuse, which may result in legal action against the party in breach.

Implied Warranties

Warranties not explicitly stated but presumed by law to provide certain assurances regarding the quality or functionality of a product.

Express Warranties

Explicit promises made by a seller to a buyer regarding the quality or nature of a product.

Disclaimed

A statement that denies responsibility, affiliation, or connection to something.