Answer:
b. deliver the goods to a particular destination.
Explanation:
Under the delivery contract when there is a contract between the buyers and sellers, the seller is obligated to deliver the good to a particular destination. After delivery to the destination the seller's obligation to the buyer ends.
So the contract between Timber Mills corporation and Ur-Choice Lumber yards, the supplier must deliver the goods to a predetermined location.
Answer:
Adverse selection
Explanation:
Adverse selection typically refers to such a circumstance when sellers possess knowledge that customers just don't have, about some type of quality of products — in other terms, it is a method of leveraging asymmetric data.
In other words, Asymmetric information, often referred to as intelligence loss, occurs when any group has better knowledge of data than any of the other group.
Thus, we can conclude that the warranty is given to ensure customers that nothing has been hidden from them.
Price and quality exist positively correlated. A drastic fall in the price of a necklace shows a drastic fall in its quality.
<h3>
What is price?</h3>
A price exists as the quantity of payment or compensation provided by one group to another in return for goods or services. In some situations, the price of production has various names. If the product exists as a "good" in the commercial exchange, the payment for this product will likely be named its "price".
A positive correlation exists as a connection between two variables that move in tandem—that is, in the same direction. A positive correlation exists when one variable decreases as the other variable declines or one variable increases while the other increases. A positive correlation indicates that both variables change in the same direction. A negative correlation indicates that the variables change in opposite directions. A zero correlation signifies there's no association between the variables.
Price and quality exist positively correlated. The price of a product stands as a good indicator of its quality. You always have to spend a bit more for the best. The marketing literature has managed the usage of price as a surrogate for quality as a decision-making heuristic. That exists; the higher the price, the higher the quality.
Therefore, a drastic fall in the price of a necklace shows a drastic fall in its quality.
To learn more about positive correlation refer to:
brainly.com/question/17104826
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Answer:
Forgery refers to the crime pertaining to, alternation of legal obligation or rights in writing of another person. It is the production of the spurious work which is being considered to be genuine such as a painting, and coin. It is the action underlying imitation or forging a copy of the document, banknote, work of art and signature.
In the case, Debbie Brooks is solely responsible for the loss caused to her by the forged transaction. The fraud took place due to the recklessness of Debbie Brooks as she allowed Martha Tingstrom to handle her financial resources and accounts which in itself is a mistake. She failed to notice the transaction details promptly issued to her periodically by her bank and provided the details of such transaction to the bank within a period of 30 days. The bank is not liable as it has perform its obligation to the fullest. Therefore, it is ascertained that Debbie Brooks is solely responsible for the loss caused to her by the forged transaction made by Martha Tingstrom.
Explanation:
Answer:
Present Value= $74,018.97
Explanation:
Giving the following information:
The machine will provide $15,000 annual savings for 12 years and can be sold for $48,000 at the end of the period.
Interest rate= 15%
<u>To determine the present value of the savings, first, we need to determine the future value at the rate provided.</u>
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual save
FV= {12,000*[(1.15^12)-1]}/ 0.15
FV= 348,020 + 48,000= $396,020
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 396,020/1.15^12= $74,018.97
