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2 years ago

The buyer may terminate the contract under the inspection provision ____________.

1 answer:

4 0

If the buyer and seller have not reached a resolution on inspection issues by the Inspection Resolution Deadline the contract will terminate: on the expiration of the resolution deadline.

<h3>What is the contract of sale of goods?</h3>

(1) There may be a contract of sale between two co-owners in which the seller transfers, or agrees to transfer, the property in the products to the buyer in exchange for a monetary sum known as the "price." (2) A selling agreement may be either unconditional or conditional.

<h3>How is contract of sale made answer?</h3>

A contract of sale may be made verbally, in writing, partially verbally and in writing, or it may be implied from the behavior of the parties, according to the provisions of any legislation currently in effect.

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When a third party receives an unwarranted cost, it is called a...

Nezavi [6.7K]

Answer:

negative externality

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

In Economics, a positive externality arises when the production or consumption of a finished product or service has a significant impact or benefits to a third party that isn't directly involved in the transaction.

On the other hand, a negative externality arises when the production or consumption of a finished product or service has a negative effect and/or impact (cost) on a third party.

This ultimately implies that, a negative externality is generated when a third party receives or bears an unwarranted cost. Some examples of a negative externality is John declining to buy his favorite candy due to an increase in its price, a manufacturing plant that causes noise and pollution to the people living around where it is situated, etc.

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3 years ago

Orleans Inc. was incorporated on January 1, 2012. Orleans issued 4,000 shares of common stock and 500 shares of preferred stock

lara31 [8.8K]

Answer:

(a) $16,000

(b) $12,000

Explanation:

Given that,

Shares of common stock issued = 4,000

Shares of preferred stock issued = 500

Preferred stock is cumulative, $100 par, with an 8% dividend rate.

Total dividend declared = $28,000

(a) Dividend for the year 2015:

= shares issued × Par value × Dividend rate

= 500 × $100 × 8%

= $4,000

Arrear for the three years:

= Dividend for the year 2015 × No. of years

= $4000 × 3

= $12,000

Therefore, the dividend paid to preferred stockholder's:

= Dividend for the year 2015 + Arrear for the three years

= $4,000 + $12,000

= $16,000

(b) Dividend paid to common stockholder's:

= Total dividend paid - Dividend paid to preferred stockholder's

= $28,000 - $16,000

= $12,000

3 0

3 years ago

Alieia Boat Company manufactures 10 luxury yachts per month. A navigation system is included in each yacht. Alieia Boat manufact

Natasha2012 [34]

Answer:

a) any cost lower than $2500 per unit

Explanation:

total avoidable costs = ($300 * 10) + ($38,000 / 2) + $3,000 = $25,000

total number of navigation systems prodcued per month = 10

avoidable cost per navigation system = $25,000 / 10 = $2,500

this means that th e comapny could pay up to $2,500 per navigtion system provided by an extrenal supplier

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3 years ago

One bond has a coupon rate of 5.4%, another a coupon rate of 8.2%. Both bonds pay interest annually, have 13-year maturities, an

Gekata [30.6K]

Answer:

a. rate or return bond 1 <u>6.6%</u> bond 2 <u>7.71%</u>

b. Does the higher-coupon bond give a higher rate of return? <u>yes</u>

Explanation:

bond 1 has a coupon rate of 5.4%

bond 2 has a coupon rate of 8.2%

yield to maturity formula = {C + [(Face value - market value) / n]} / [(Face value + market value) / 2]

assume bond 1's face value = $1,000

coupon = 54

n = 13

YTM = 7.5%

0.075 = {54 + [(1,000 - M) / 13]} / [(1,000 + M) / 2]

0.075 x [(1,000 + M) / 2] = 54 + [(1,000 - M) / 13]

0.075 x (500 + 0.5M) = 54 + 76.92 - 0.0769M

37.50 + 0.0375M = 130.92 - 0.0769M

0.0375M + 0.0769M = 130.92 - 37.50

0.1144M = 93.42

M = 93.42 / 0.1142 = $818.04

rate of return = $54 / $818.04 = 0.066 = 6.6%

assume bond 2's face value = $1,000

coupon = 82

n = 13

YTM = 7.5%

0.075 = {82 + [(1,000 - M) / 13]} / [(1,000 + M) / 2]

0.075 x [(1,000 + M) / 2] = 82 + [(1,000 - M) / 13]

0.075 x (500 + 0.5M) = 82 + 76.92 - 0.0769M

37.50 + 0.0375M = 158.92 - 0.0769M

0.0375M + 0.0769M = 158.92 - 37.50

0.1144M = 121.42

M = 121.42 / 0.1142 = $1,063.22

rate of return = $82 / $1,063.22 = 0.07712 = 7.71%

8 0

3 years ago

Which specific type of website allows users to voice their opinions on all kinds of products and services across every segment o

RoseWind [281]

Answer: The correct answer is "a. Review sites."

Explanation: Review sites are those websites where users can provide their opinion through a brief review or a score on a particular product or service. This tool provides information to potential new customers about the quality of the product or service they are looking for, it also serves the producers of goods or services to know how they can improve.

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3 years ago