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Vladimir [108]
3 years ago
10

Roasters Corporation and Outdoor Barbecues, Inc., enter into a contract for a sale of a commercial grill. The contract requires

Roasters to deliver the goods to Speedy Delivery Company for transport to Outdoor.
Risk of loss passes to Outdoor when​:

A) Roasters delivers the goods to Speedy.
B) Roasters and Outdoor enter into their contract.
C) Speedy transports the goods to Outdoor.
D) Outdoor begins to use the grill.
Business
1 answer:
vekshin13 years ago
8 0

Answer:

A) Roasters delivers the goods to Speedy

Explanation:

Risk of loss under the law of contracts is used to determine which party should bear the burden of risk for damage occurring to goods after the sale has been completed, but before delivery has occurred. This is normally used after the contract is formed but before buyer receives goods, something bad happens.

  1. The breaching rule applies risk of loss on the seller if at the time of delivery, the goods show up broken.
  2. Risk of loss shifts from seller to buyer at the time that seller completes its delivery obligations
  3. For a destination contract, then risk of loss is on the seller
  4. For a delivery contract, then risk of loss is on the seller
  5. if the seller is a merchant, then the risk of loss shifts to the buyer upon buyer's "receipt" of the goods. If the buyer never takes possession, then the seller still has the risk of loss
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Allisa [31]

Answer:

The answer is 'sell future contracts on yen

Explanation:

Futures contract is a form of derivative that is standardized. It occurs through the exchange rather than over the counter. It is safe from default or counterparty risk because the clearing house guarantees any loss.

Futures contract obligates the parties involved to either buy or sell the underlying security.

Because Mondo corporation is expecting some of its exports in yen and it is afraid of fall in exchange of yen relative to US dollar, to hedge the risk, it must sell future contracts on yen.

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3 years ago
A toy manufacturer has three different mechanisms (‘alternatives") that can be installed in a doll that it sells. The different
Wittaler [7]

Answer:

The electrical action has the better expected monetary value with 492,000

Explanation:

We will multiply the expected outcome by their probability then, we add them to get the expected monetary value per option:

\left[\begin{array}{ccccc}$WIND-UP&$Return&$Probability&$Weight\\$Light&325000&0.1&32500\\$Morerate&190000&0.3&57000\\$Heavy&170000&0.6&102000\\$Total&&1&191500\\\end{array}\right]

\left[\begin{array}{cccc}$PNEUMATIC&Return&Probability&Weight\\$Light&300000&0.1&30000\\$Morerate&420000&0.3&126000\\$Heavy&400000&0.6&240000\\$Total&&1&396000\\\end{array}\right]

\left[\begin{array}{cccc}$Electrical&Return&Probability&Weight\\$Light&-600000&0.1&-60000\\$Morerate&240000&0.3&72000\\$Heavy&800000&0.6&480000\\$Total&&1&492000\\\end{array}\right]

3 0
3 years ago
The Nacho Division of the Tex-Mex Company has a return on investment (ROI) of 12%, sales of $217,000, and an asset turnover of 4
BlackZzzverrR [31]

Answer:   Nacho's operating income= b. $6,510.

Explanation:

First, we calculate the Total Asset of the Divison.

Asset turnover = Sales/ Total Assets

Total Assets = Sales/ Asset turnover

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Asset turnover=$54,250

Also Return on investment = Operating Income/ Total Assets

Therefore Operating Income=Return on investment x Total Assets

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The FDIC found out that a company misreported information to a credit scoring company about Wanda. Wanda contacted the company a
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Fair Credit Reporting Act
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ren Pork Company uses the value basis of allocating joint costs in its production of pork products. Relevant information for the
Alex

Answer:

Allocated costs Loin Chop= $5,590

Explanation:

Giving the following information:

Product - Pounds - Price/lb.

Loin chops 3,000lb $ 5.00/lb

Ground 10,000lb $2.00/lb

Ribs 4,000lb $4.75/lb

Bacon 6,000lb $3.50/lb

The total joint cost for the current period was $43,000

First, we need to calculate the weighted average lb participation of Loin Chops:

Total lb= 23,000

Weighted average lb= 3,000/23,000= 0.13

Now, we can allocate the joint costs:

Loin Chop= $43,000*0.13= $5,590

7 0
3 years ago
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