Quince owns a used-car lot where ray works as a salesperson. quince tells ray not to make any warranties for the cars. to make a sale to sylvia, however, ray adds a 50,000-mile warranty. later, sylvia sues quince for breach of warranty. quince's right to hold ray liable for any damages he has to pay is the right of a. indemnification. b. reimbursement. c. cooperation. d. avoidance.

In a "dutch auction" for new stock, individual investors place bids for shares directly. each potential bidder indicates the price he or she is willing to pay and how many shares he or she will purchase at that price. the highest price that permits the company to sell all the shares it wants to sell is determined, and this is the "market clearing price." all bidders who specified this price or higher are allowed to purchase their shares at the market clearing price. true false