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Alenkasestr [34]
3 years ago
5

Howard Ramsell recently became aware of implied warranties that exist for consumer purchases. An implied warranty exists as a re

sult of:(A) a stated intent of the seller.(B) actions by consumers.(C) the intended use of a product.(D) a written statement from the manufacturer.
Business
1 answer:
faltersainse [42]3 years ago
3 0

Answer:

(C) the intended use of a product.

Explanation:

Implied as the term means that it is obvious, further guarantee means that the guarantee is obvious.

Now, this is because of the use of the product, as for example there is an equipment called heater, which is generally sold in winters, as it warms the room.

Now it is implied that the heater shall at-least be in proper condition and shall work without any failure for one season of winters.

The correct answer is,

Statement C

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Answer:

Scarcity or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants.

Explanation:

Society would produce, distribute, and consume an infinite amount of everything to satisfy the unlimited wants and needs of humans.

8 0
2 years ago
Which part of the purchasing process includes the sum of money due in
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Explanation:

it is a document given by the supplier,which contains

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also date

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3 years ago
Reporting Financial Statement Effects of Bond Transactions Lundholm, Inc., which reports financial statements each December 31,
saw5 [17]

Answer:

                            Lundholm, Inc

                            Journal Entries

Date          Account Titles                   Debit          Credit

May 1, 18   Cash                                $500,000

                       Bonds payable                               $500,000

                 (To record the bond issuance)                  

31 Oct, 18  Interest Expenses           $22,500

                 (500000*9%*6/12)

                         Cash                                               $22,500

                 (To record payment of the first semiannual period’s interest)

Nov 1, 19  Bonds payable                  $300,000

                Loss on Bonds                  $3,000

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                 (To record retirement the bonds at 101 on November 1, 2019)

8 0
2 years ago
The____represents more than. 380,000 retail and institutional food service operation, including restaurants, suppliers, educator
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National Restaurant Association
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3 years ago
Your merchant fee is 3%. Your customers paid you 280,000 with cash. What is your total merchant fee?
gayaneshka [121]

Answer:

$8400

Explanation:

to find 3% you multiply 280,000 by 0.03

4 0
3 years ago
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