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Artyom0805 [142]
3 years ago
12

Sigrud buys spiked mountain-climbing shoes from Rockridge Gear store. The spikes come out of the shoes when Sigrud is on the sid

e of a mountain, causing her to be injured in a fall. Rockridge breached_____________.
a. an express warranty.
b. an implied warranty of fitness for a particular purpose.
c. an implied warranty of merchantability.
d. a warranty of title.
Business
1 answer:
alisha [4.7K]3 years ago
3 0

Answer:

B) an implied warranty of fitness for a particular purpose.

Explanation:

Sigrud bought spiked mountain climbing shoes, so she could reasonably expect that the shoes would be useful when climbing a mountain. The fact that the spikes came out while she was on the mountain side, isn't exactly what she was expecting when she purchased them. If you buy something that  is supposed to satisfy an specific need or purpose, the seller is providing an implied warranty that the good will actually be fit to satisfy that specific need or purpose.

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An economist conducted a study of the possible association between weekly income and weekly grocery expenditures. The particular
krek1111 [17]

The answer cannot be determined from the information provided.

Answer: Option B.

<u>Explanation:</u>

A linear regression line has an equation in the form Y = a + bX, where X stands for the explanatory variable and Y is used to denote the dependent variable in the equation. The slope of the line is b, and a is the intercept (the value of y when x = 0).

A regression line (LSRL - Least Squares Regression Line) is a straight line that explains how a dependent variable y changes as an explanatory variable x changes. The line is a mathematical model used to predict the value of y for a given x. Regression requires that we have an explanatory and response variable.

4 0
3 years ago
32,500 shares of common stock outstanding at a price per share of $80 and a rate of return of 12.95 percent. The firm has 7,350
pashok25 [27]

Answer:

WACC = 11.1%

Explanation:

The weighted Average cost of Capital is the average cost of capital for the different sources of long-term capital available to a firm weighted according to the proportion each source of finance bears to the total capital in the pool.

<em>Market of securities</em>

Common stock =  $80 × 32,500=  2,600,000.  

Preferred stock = $95.50 ×  7,350=   701,925.00  

Bond = 407,000/100 × 111.5= 453,805.00  

<em>Cost of each capital type</em>

Common stock= 12.95

Preferred stock = (7.90%× 100)/95.50= 8.3%

Bond= 8.11%× (1-0.4)=4.87%

<em>WACC</em>

Type                      Market Value          Cost           Market value  cost

Common stock   2,600,000.              12.95%         336,700.00  

Preferred            701,925.00              8.3%             58,065.00  

Bond                   4<u>53,805.00  </u>           4.87%            <u>22,100.30 </u>

Total                    <u>3,755,730.00</u>                               <u>  416,865.30</u>  

WACC = (416,865.30  / 3,755,730.00) ×  100

       = 11.1%

WACC = 11.1%

4 0
4 years ago
A+student+receives+a+35%+similarity+rate+on+their+lopeswrite+score. +what+does+this+mean+and+what+should+that+student+do+before+
Crazy boy [7]

Answer:

They should make sure it's not like someone else's?

Explanation:

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8 0
3 years ago
What is one tool that can help you determine an academic major?​
KengaRu [80]

The most suitable tool that can enable a student to determine an academic major is an interest inventory.

Option D is the correct answer.

<h3>What is an academic major?</h3>

An academic major is an academic subject in which an undergraduate student is enrolled. When a student completes his/her all examinations then he/she is awarded an undergraduate degree.

An interest inventory is a type of instrument used to identify and evaluate the areas of interest of a student. It is also called an interest test. it can help a student to make choice about his/her academic major for graduate studies.

Therefore, the interest inventory is the most suitable tool for determining an academic major.

Learn more about the academic major in the related link;

brainly.com/question/14455619

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3 0
2 years ago
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_____ is the element in the promotional mix of a marketing plan that evaluates the public’s attitudes, identifies issues that ma
kotykmax [81]

Answer: Public Relations

Explanation: The elements of a promotional marketing mix are the resources an organisation engages in its marketing promotion. They are:

Advertising, public relations, sales promotion, direct marketing and personal selling.

The above listed elements have there unique effect on the sales if an organisation.

Advertising is used to create an awareness of the product to the consumer using all forms of advertising such as radio jingle television advert, billboards etc.

Public relations is used to find out the effect of the products in the market and also to get feedbacks from consumer which will enable mgt to plan on ways to correct any issue observed.

Sales promotions are ways of giving to the consumers fee products as rewards for loyalty

Direct marketing is the use of marketing officers that will speak to consumers personally and try convincing them to try the products

Personal selling is the act of selling the products one on one to customers

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