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Finger [1]
3 years ago
8

The Uniform Commercial Code states that any sample or model that is made part of the basis of the bargain creates an express war

ranty that the whole of the goods will conform to:
Business
1 answer:
Tpy6a [65]3 years ago
7 0

Answer:

description

Explanation:

Uniformity means that all goods are of similar nature, or in case when the goods are meant to  be different, the goods are of quality standards.

This is the basic condition.

The Uniform Commercial Code ensures this above basic principle. Accordingly if there is a sample of a product that means the sample creates a common understanding that all other products are similar, and also that the there is a inbuilt warranty that the whole of the goods are as described and as depicted by the sample.

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Jahwana works for a large corporation with a 401(k) retirement plan. The company matches dollar for dollar the first 5% of the e
Gre4nikov [31]

Answer:

$8,000

Explanation:

Jahwana earns $40,000:

her 401k contributions = 15% x $40,000 = $6,000

Jahwana's employer contributes $1 per $1 that she contributes but only up to 5%, so her employee's 401k contribution = 5% x $40,000 = $2,000

total annual contribution = $6,000 + $2,000 = $8,000

7 0
3 years ago
Read 2 more answers
If a customer sells short 100 xyz at 79 and simultaneously writes 1 xyz jan 80 put at 5, the maximum gain potential is:_________
Ira Lisetskai [31]

If a customer sells short 100 xyz at 79 and simultaneously writes 1 xyz jan 80 put at 5, the maximum gain potential is: 400.

<h3>What is maximum gain potential/capital gain?</h3>

When an investor invests in or sells put option on stocks she owns, she is selecting a good approach to hedge against loss or bring additional funds in her account. Whenever a seller invests cover call options, this is the most frequent form.

Now according to the question-

  • A short stock with such a short puts is an income strategy with unlimited loss potential.
  • Although the customer will profit if the price falls, the customer signed an in-the-money put that would be exercised, requiring the client to acquire stock at 80 for a $100 loss here on stock shorted at 79.
  • However, the customer collected $500 in premiums, for a total gain of $400.
  • The break even point for a brief stock-short put is the short sale price plus the premium.
  • In this scenario, the break-even point is 84, and the maximum gain is four points, between 84 to 80.

Therefore, the maximum gain potential is 400.

To know more about the maximum gain/capital gain, here

brainly.com/question/1381751

#SPJ4

4 0
1 year ago
QUIZLET Kim raises and sells horses as a hobby. She also has income from riding lessons that are part of the hobby activity. Inc
Juli2301 [7.4K]

Answer:

Include all income; deduct no expenses

Explanation:

The Tax Cuts and Jobs Act changed the way hobby expenses and income is taxed. Since 2019, any income generated by a hobby is taxed as ordinary income (not subject to self employment taxes) but any expenses related to your hobbies are not deductible any more. Until 2018, you could deduct hobby expenses as long as they were above 2% of your gross income and they didn't hobby income.

6 0
3 years ago
Colorado Real Estate Commission Rule E-4 and E-5 give direction about retaining the needed contracts after closing a transaction
lana [24]

Answer:

According to Colorado Real Estate Commission Rule E-4 and E-5, copies that are exceptions to the rule include; notes, mortgages, deeds and trust deeds.

Furthermore, settlement sheets, listings, and any other document that it is required for the parties to impend their signatures, have to be retained for a period of four years even after closing a transaction or a contract.

Explanation:

3 0
2 years ago
The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencil
djverab [1.8K]

Answer:

COGS = 187,370‬

ending finished goods = 37,300

Direct Materials used  =  119,970

Labor =    26,070

ending WIP  =  33,690

Explanation:

Sales - COGS = gross Profit

449,330 - COGS = 261,960

449,330 - 261,960 = COGS = 187,370‬

Cost of goods manufactured 224,670

less Cost of Goods Sold of    (187,370)

ending finished goods            37,300

Materials purchased            138,390

Materials inventory, ending<u> (18,420)</u>

Direct Materials used            119,970

Materials + Labor + Overhead = COGM

119,970 + Labor + 97,500 + 14,820 = 258,360

Labor = 258,360 - 232,290

Labor =    26,070

Then Cost added less Cost of Goods Manufacured = ending WIP

258,360 - 224,670 = 33,690

5 0
3 years ago
Read 2 more answers
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