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gregori [183]
3 years ago
10

Vicki entered into a written contract to buy a car from Valley Motors. During the negotiations, the sales representative said th

at the car had a two-year full warranty. The written contract included a provision that stated, "This writing is the full and final expression of the parties' agreement; anything said before signing or while signing is irrelevant." The written contract did not include a warranty. Two months after Vicki took delivery of the car, she discovered that the transmission needed to be replaced. Vicki claimed that it was covered by the full warranty. Will Vicki be able to present evidence as to the sales representative's statements concerning the warranty?
Business
2 answers:
icang [17]3 years ago
7 0

Answer:

The answer is NO, SHE WON'T.

Explanation:

This is because  according to the statements, there was a clause in the written agreement that Vicki entered into that, "This writing is the full and final expression of the parties' agreement; anything said before signing or while signing is irrelevant." Thus, the written contract did not include a warranty even though the Sales Representative during selling the vehicle stated verbally that a 2-year warranty was on the vehicle.  Even if she has a recorded evidence of the Sales Representative statements, since the statements are not included in the written contract, then the evidence may be classified as null and of no essence.

Bingel [31]3 years ago
4 0

Answer:

No she won't.

Explanation:

Vicki will not be able to present evidence as to the sales representative's statements concerning the warranty that "This writing is the full and final expression of the parties' agreement; anything said before signing or while signing is irrelevant." thereby excluding the car's warranty.

Hence, any evidence of the discussion of the warranty would most likely be excluded by the parol evidence rule.

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It is a business venture by two or more people​
BlackZzzverrR [31]

Answer:

A joint venture (JV) is not a partnership. That term is reserved for a single business entity that is formed by two or more people. Joint ventures join two or more different entities into a new one, which may or may not be a partnership.

Hope it helps

7 0
2 years ago
Tips are considered _____.<br> dividends<br> taxable income<br> gains<br> a bonus
adoni [48]
Tips are considered <u>taxable income.
</u>Although they are a bonus that you get from your customers, on top of your paycheck, you still have to pay a tax on your tips given that in America, tips are considered to be a type of income. You'd get a dividend from a company, not from customers. Gain is just another word for profit. <u>
</u>
3 0
3 years ago
Read 2 more answers
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
To pay for college, Henry received the following: $1,000 scholarship from the Thespian Club to pay for books $4,000 scholarship
Alika [10]

Answer:

$5,000

Explanation:

Money received as scholarship and used to pay for tuition or related expenses is not included in the gross income. So the $1,000 scholarship from the Thespian Club and the $4,000 scholarship from the Elks Lodge are not taxable. The only taxable income that Henry earned is the $5,000 that he was paid for being a dorm supervisor.

6 0
3 years ago
1. You have been asked to appraise the market value of a three-bedroom house with two bathrooms that is going to be sold tomorro
Elan Coil [88]

Answer:

Current price of house = $222,000

Explanation:

given data

property that sold = $275,000

values decreasing at rate = $2,000 per week

Each bedroom = $30,000

a bathroom  = $15,000

solution

we get here Price of 3 bedroom & 3 bathroom house (4 weeks ago) is

Price of 3 bedroom & 3 bathroom house (4 weeks ago) = $275,000 - $30,000 - $15,000

Price of 3 bedroom & 3 bathroom house (4 weeks ago)  = $230000

and

reduction in price at $2000 per week for 4 weeks= 4 × 2000

reduction in price at $2000 per week for 4 weeks = ($8,000)

so

Current price of house = $230000 - $8,000

Current price of house = $222,000

8 0
3 years ago
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