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fomenos
3 years ago
15

City Slick, Inc., makes cosmetics. City Slick intentionally mislabels its packaged products to conceal a defect. Trusting and re

lying on the mislabeling, Dora buys a City Slick product and suffers an injury. City Slick is most likely liable for:___________.
A. product misuse.
B. fraud.
C. privity.
D. puffery.
Business
1 answer:
Temka [501]3 years ago
7 0

Answer:

b. Fraud

Explanation:

The fraud is the wrongful act done by a person to gain a personal or financial profit. It is to be done intentionally.

Since in the given situation, the city intentionally mislabels its packaged products to hide a defect and after buying the product the dora suffers an injury

So in this case the city slick is liable for fraud as the company do this thing intentionally to generate a high profit

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Ophelia Inc. just learned that Patton Inc., one of its customers with an outstanding accounts receivable balance, filed for bank
wlad13 [49]

Answer:

Ophelia Inc.

Assuming that the company utilizes the allowance method, Ophelia should record a(n):

decrease in Accounts Receivable

Explanation:

This means that the accounts receivable will be credited while the allowance for doubtful accounts is debited to record the decreased value.  The Patton Inc. account may not be recovered fully.  However, the amount of the decrease depends on the amount that can be recovered from Patton.  Thereupon, the accounts receivable will first be credited with the cash recovered with the corresponding debit entry in the Cash account.

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2 years ago
At December 31, 2017, Sager Co. had 1,200,000 shares of common stock outstanding. In addition, Sager had 450,000 shares of prefe
AnnZ [28]

Answer: $3.49

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Diluted earnings per share = \frac{Net Income}{Outstanding Common Stock + Convertible shares}

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Diluted Earnings per share = 3.4871

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3 years ago
Jess wrote Amanda a check for $358.36, and Amanda deposited the check into her checking account. Where was Amanda's signature?
vovikov84 [41]
On the back of the check
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3 years ago
Read 2 more answers
HELP ASAP Many employees quit working for Burger Bliss after six months, and the
Alja [10]

Answer:

D. The company tells employees that their work matters.

Explanation:

Every employer desires to attract and retain the best workers.  Employees are more likely to stay in an organization for longer if they feel appreciated. Other than monetary compensation, employees feel motivated to work when their efforts and contributions are recognized.

Burger Bliss should let their employees feel important. They should communicate to employees both in words and actions how much the company values their input.

8 0
3 years ago
As a financial analyst, you are tasked with evaluating a capital-budgeting project. You were instructed to use the IRR method, a
ozzi

Answer:

Ke 0.08690 = 8.69%

Explanation:

<u>The capital assets price model formula(CAPM) is as follows:</u>

Ke= r_f + \beta (r_m-r_f)  

risk free       = 4% = 4/100 = 0.04

market rate = 11% = 11/100 = 0. 11

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Ke= 0.04 + 0.67 (0.07)  

Ke 0.08690

5 0
3 years ago
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