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2 years ago

10

Nicole transferred a negotiable instrument to Andy. Andy later sues Nicole alleging a breach of presentation warranty. What coul

d Andy claim Nicole has violated?

1 answer:

Gemiola [76]2 years ago

4 0

Answer Not claiming the instrument hes sending

Explanation:

You might be interested in

If a firm averages $2,000 in daily credit sales and offers 60-day terms, the average accounts receivable balance will be $120,00

Alexeev081 [22]

Answer:

a. True

Explanation:

The computation of the average accounts receivable balance is shown below:

= Daily credit sales × day terms

= $2,000 × 60 days terms

= $120,000

We simply multiplied the average amount with the day term so that the average account receivable balance could come

Hence, the given statement is true

Therefore the correct option is a.

8 0

3 years ago

A group of university students toys coconuts from farmers' markets. The students consume the meat of the coconuts for food and u

Karo-lina-s [1.5K]

Answer: The free- rider problem

Explanation:

The free-rider problem is one off the type of economical issue that cause the market failure problem due to the unsystematic distributing of the various types of goods resources and also the services.

This type of problem is basically occur due to the overuse or degradation of the products and the resources.

According to the given question, the free rider problem is one of the example that best illustrating the given scenario. The main cause of the free rider problem is due to the unequal use of the resources and also the public goods without paying for their particular share.

Therefore, The free-rider problem is the correct answer.

7 0

3 years ago

Walman Corp. manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products on the bas

rewona [7]

Answer:

We will only produce further product Y and Z

Explanation:

We should check the increase in sales revenue with the increase in cost to know if further process acheive a gain:

<u>Product X</u>

Increase in sales value:

348,000 - 340,000 = 8,000

Additional Cost: <u> (38,000) </u>

difference: (30,000) Non-profitable

<u>Product Y</u>

Increase in sales revenue:

185,000 - 150,000 = 35,000

additional cost: <u> (30,000) </u>

difference: 5,000 Profitable

<u>Product Z</u>

Increase in sales revenue:

147,000 - 110,000 = 37,000

additional cost: <u> (22,000) </u>

difference: 15,000 Profitable

3 0

3 years ago

Claude C. Hopkins believed that advertising moved from being a _____to a science.

ANTONII [103]

I think pig in a poke ;)

7 0

3 years ago

The up and coming corporation's common stock has a beta of 1.05. if the risk-free rate is 5.3 percent and the expected return on

Ugo [173]

Cost of equity is calculated as -

Cost of equity = Risk free return + Beta * (Market risk - Risk free return)

Given,

Risk free return = 5.3 %

Market risk = 12 %

Beta = 1.05

Cost of equity = 5.3 % + (1.05*(12-5.3%))

Cost of equity = 12.335 % or 12.24 %

6 0

3 years ago