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irinina [24]
3 years ago
12

Tony signed a contract agreeing to purchase a used, high-powered boat for $10,000. Prior to signing the contract, the sales repr

esentative explained that the boat motor was guaranteed for six months for all labor and parts. The written contract contained nothing about the warranty; however, it did have an integration clause in it. Tony had problems with the boat motor, causing expensive repairs. Tony returned the boat to the sales representative for the repairs, only to learn the salesman denied knowing anything about a six-month warranty. If Tony sues, discuss the likely outcome
Business
1 answer:
Burka [1]3 years ago
4 0

Answer:

<em>Most definitely, Tony would lose due to the integration clause.</em>

Explanation:

An integration clause <em>requires a short paragraph to be inserted into a written contract to confirm a final deal between two sides.</em>

Since drafting a written contract, it may fail to be fully checked by one of the parties involved to ensure that all provisions are included and that both parties sign the contract, which Tony failed to consider.

If this happens, one party could contend that the other failed to uphold a particular condition or phrase that they consented to verbally.

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When should a thank-you letter be sent? a. 3 days after the interview b. 1 week after the interview c. 24 hours after the interv
Hitman42 [59]
Sending the thank-you letter should be done 24 hours after the interview. This is to make sure that the interviewer still has that sharp impression about you and this can also be done before the interviewer decides hiring you or not. Answer for this would be option C.
6 0
4 years ago
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The Ashwood Company has a long-term debt ratio of 0.50 and a current ratio of 1.60. Current liabilities are $970, sales are $5,1
Hunter-Best [27]

Answer:

$5,181.06

Explanation:

For computation of firm's net fixed assets first we need to follow some steps which is shown below:-

Current Ratio = Current Assets ÷ Current Liabilities

Current asset = Current ratio × Current liability

= 1.60 × $970

= $1,552

Profit Margin = Net income ÷ sales

Net income = Profit margin × sales

= 0.098 × $5,175

= 507.15

Long term debt ratio = Long term debt ÷ (Long term debt + Total equity)

0.50 = Long term debt ÷ (Long term debt + 2881.53)

Long term debt = 1440.765 ÷ (1 - 0.5)

= 2881.53

Total debt = Current liability + Long term debt

= 970 + 2881.53

= 3851.53

Total Asset = Total debt + Total equity

= 3851.53 + 2881.53

= $6733.06

Net fixed Asset = Total Asset - Current Asset

= $6,733.06 - $1,552

= $5,181.06

8 0
3 years ago
In the sentence They discussed four important issues at the meeting, the word at is a(n) ____.
slava [35]

From the sentence, it can be deduced that "at" is used a preposition.

<h3>What is a preposition?</h3>

It should be noted that a preposition simply means a word that is used before a noun or pronoun to show direction, place, time, etc.

In the sentence "They discussed four important issues at the meeting", the word at is a preposition. It is used to show where the issue took place.

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2 years ago
a businessowners policy (bop) provides a broad package of coverages for small and medium-sized apartment buildings, offices, and
LenKa [72]

Describe business owner policy.

One business insurance coverage known as a Business Owner's Policy (BOP) combines business property and liability insurance. BOP insurance aids in protecting your company from claims brought about by fire, theft, and other covered events.

A unique sort of commercial insurance created specifically for small and medium-sized firms is known as a business owner's policy.

Liability, property, and business income insurance coverages are the three main categories of coverage included in the BOP. These specifically consist of: If your company is accused of harming another person or causing bodily harm while conducting business, general liability insurance will defend your company against legal action.

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7 0
2 years ago
When you purchase shares of a company in the market, who are you buying those shares from?
Burka [1]

Answer:

Normally, you are buying those shares from someone who already owns them. You are not buying them directly from the company itself, but instead someone who owns shares from the company, called a shareholder or stockholder.

Explanation:

I hope this helps! :)

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3 years ago
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