1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sp2606 [1]
2 years ago
6

On Monday, Merlin buys a tablet for $500 from a Pads & Pods store. On Tuesday, he returns to the store and buys a GPS device

for $200. On Wednesday, he downloads $100 worth of tunes from singsong. To be enforceable as a contract, a writing is required for the purchase of
Business
1 answer:
Tamiku [17]2 years ago
6 0

Answer:

Tablet only.

Explanation:

As Given Merlin have bought tablet for $500, he return it and buy GPS device for $200 and downloaded tunes for $100.

Most of commercial agreement is unwritten and many contract does not require to be in writing, however, uniform commercial code (UCC) have made certain exception for which written contract is required.

Under uniform commercial code (UCC), certain contract for sales of goods Article 2 must be in writing.

All the sales of goods worth $500 and more must have contract in writing and must be signed by the party against which enforcement is sought. It is valid even if the contract is not written in detail, it is enforceable.

Therefore, only purchase of Tablet must have contract in writing as it is worth $500.

You might be interested in
James Dodgsen is a student in a graduate course in business. The professor in the course has given Dodgsen and his classmates a
nikdorinn [45]

Answer:

d. Dodgsen has been dishonest.

Explanation:

Looking at the scenario in the question above, it is possible to say that James Dodgsen was dishonest in copying Jane's responses.

This question leads us to the conclusion that Dodgen's schedule lacked organization. As much as he was prepared for the other classes and having just coincided with a surprise test when he couldn't find time to study the content of that class specifically, there is a problem looking at his classmate's answers when the test given by the teacher was individual guidance.

The organization of the agenda is essential for a student of business administration, since the corporate environment consists of the functions of organizing, commanding, coordinating and controlling, therefore there must be established times for each task of daily fulfillment, whether in a personal or professional environment. , so that there is a greater possibility of fulfilling the essential tasks and the established objectives are properly achieved

7 0
3 years ago
A stock is expected to maintain a constant dividend growth rate of 4.2 percent indefinitely. If the stock has a dividend yield o
babunello [35]

Answer:

Explanation:

Required return = (dividend / price per share) + constant growth rate.

Dividend yield on the stock =  (dividend / price per share) = 5.5%

Therefore, Required return = 5.5% + 4.2% = 9.7%

7 0
3 years ago
Which of the following is a duty of a personal finance manager?
denis-greek [22]

Answer:

C. trading clients investments is the correct answer.

Explanation:

7 0
2 years ago
Read 2 more answers
Tuna Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased by
STatiana [176]

Answer:

$985,000

Explanation:

Given that,

Pretax book income = $1,000,000

Increase in net reserve for warranties = $25,000

Book depreciation = $100,000

Dividend received deduction = $15,000

Book equivalent of taxable income:

= Pretax book income - Dividend received deduction

= $1,000,000 - $15,000

= $985,000

Therefore, the Book equivalent of taxable income is $985,000.

7 0
2 years ago
If markets are efficient, what should be the correlation coefficient between abnormal stock returns for two non-overlapping time
LUCKY_DIMON [66]

The correlation coefficient between stock returns for two non-overlapping periods should be zero. If not, one could operate returns from one period to predict returns in later periods and make abnormal profits.

<h3>What are abnormal stock returns?</h3>

Abnormal returns in stock market trading are variances between performance of a particular stock or portfolio and expected return over a specific time period. The predicted return is typically calculated using a wide index, like the S&P 500, or a national index, like the Nikkei 225. A return that differs from the anticipated return on an investment is called an abnormal return. Investors can estimate risk-adjusted performance by looking for atypical returns, which can be either positive or negative in direction.

An anomalous return is the discrepancy between the actual return of a security and the predicted return. "Events" can sometimes cause abnormal returns. In statistics, correlation coefficients are frequently utilized in the field of investing. They are crucial in fields including performance assessment, quantitative trading, and portfolio composition.

Hence, The correlation coefficient between stock returns for two non-overlapping periods should be zero. If not, one could operate returns from one period to predict returns in later periods and make abnormal profits.

To learn more about abnormal stock returns refer to:

brainly.com/question/19721262

#SPJ4

8 0
1 year ago
Other questions:
  • A computer program is an example of _____.
    7·1 answer
  • The set of all possible sample points (experimental outcomes is called
    13·2 answers
  • Ivan Knobel holds a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. He is in the process of
    12·1 answer
  • Sunny Day Manufacturing Company has a current stock price of $22.35 per share, and is expected to pay a per-share dividend of $2
    9·2 answers
  • Interest rates and the price of old or existing bonds are a. directly related. b. independent of each other. c. inversely relate
    6·1 answer
  • Please calculate the answer to the following problem, showing all of your work. NO CREDIT will be given if I cannot follow your
    10·1 answer
  • When the selling division in an internal transfer has unsatisfied demand from outside customers for the product that is being tr
    13·1 answer
  • considered the first and lowest level of stocks. common stock 2. probably the safest investment; corporations can withstand a do
    11·1 answer
  • Zach is employed by Scott Paper Company and is a key account manager on the WalMart team based in Bentonville, AR so he can be n
    10·1 answer
  • Ziva is an organic brocolli farmer, but she also spends part of her day as a professional organizing consultant. As a consultant
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!