
Warranties, liabilities, patents, bids and insurance

Flashcard
•
Other
•
University
•
Hard
Wayground Content
FREE Resource
Student preview

10 questions
Show all answers
1.
FLASHCARD QUESTION
Front
A warranty is a legally binding agreement that outlines the conditions under which a defective product will be repaired, replaced, or refunded.
Back
TRUE
2.
FLASHCARD QUESTION
Front
An implied warranty is an explicit assurance in product sales, stated by the seller.
Back
FALSE
3.
FLASHCARD QUESTION
Front
A 'Bumper-to-Bumper Warranty' exclusively covers the vehicle's motor and transmission.
Back
FALSE
4.
FLASHCARD QUESTION
Front
A guarantee is a formal, legally binding agreement that provides specific terms for defective product repair, replacement, or refund.
Back
FALSE
5.
FLASHCARD QUESTION
Front
Accounts payable are short-term liabilities a business owes to suppliers for purchases on credit. TRUE or FALSE?
Back
TRUE
6.
FLASHCARD QUESTION
Front
Deferred revenue is recorded as a liability on the balance sheet.
Back
TRUE
7.
FLASHCARD QUESTION
Front
A tax lien is a government's legal claim on a property due to unpaid taxes.
Back
TRUE
Create a free account and access millions of resources
Similar Resources on Wayground
9 questions
Used car trivia

Flashcard
•
Professional Development
11 questions
Reimbursement Systems

Flashcard
•
University
10 questions
Car Insurance Coverage Flashcard

Flashcard
•
12th Grade
10 questions
Team Miko

Flashcard
•
KG - University
10 questions
Planning the Project Schedule and Budget

Flashcard
•
12th Grade
5 questions
Policy Insights 040225

Flashcard
•
Professional Development
8 questions
Chapter 14: Property Insurance

Flashcard
•
Professional Development
6 questions
Long Term Care Insurance Concepts

Flashcard
•
12th Grade
Popular Resources on Wayground
20 questions
Brand Labels

Quiz
•
5th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World

Quiz
•
3rd - 12th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
20 questions
ELA Advisory Review

Quiz
•
7th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
22 questions
Adding Integers

Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns

Quiz
•
3rd Grade
10 questions
Exploring Digital Citizenship Essentials

Interactive video
•
6th - 10th Grade
Discover more resources for Other
11 questions
NFL Football logos

Quiz
•
KG - Professional Dev...
20 questions
Definite and Indefinite Articles in Spanish (Avancemos)

Quiz
•
8th Grade - University
7 questions
Force and Motion

Interactive video
•
4th Grade - University
36 questions
Unit 5 Key Terms

Quiz
•
11th Grade - University
38 questions
Unit 6 Key Terms

Quiz
•
11th Grade - University
20 questions
La Hora

Quiz
•
9th Grade - University
7 questions
Cell Transport

Interactive video
•
11th Grade - University
7 questions
What Is Narrative Writing?

Interactive video
•
4th Grade - University