Answer:
Article 2 of the UCC code states that in order for goods to be merchantable (or fit for sale) they must:
- should correspond to the contract description, e.g. a cereal box should contain cereal
- must be of fair average quality, e.g. the cereal must be edible and be of a reasonable quality, like have a decent flavor
- must be fit to serve the purpose for which an average consumer might purchase them, e.g. you should be able to eat your cereal at breakfast, and it should not require hours or preparation
- the quality of all the units included in the package must be similar, although slight variations are permitted, e.g. cornflakes should be of similar size and quality
- are properly packaged and labeled, e.g. the package should not be broken and it should include relevant information
- fulfill any promise contained in its package or labels, e.g. if the box says it contains cereal with raisins, it must contain cereal with raisins
There are lots of ways in which an implied warranty of merchantability is breached, e.g. if the cereal is spoiled, the box is broken and the contents are falling, cornflakes are all crushed and lost consistency, etc.
It is true that a clear understanding of ethical expectations is essential for a sector such as lobbying, where there can be illicit behavior in favor of individual benefits.
<h3 /><h3>Lobbying</h3>
It corresponds to the influence of a group in the decisions of public power to favor its objectives.
To avoid unethical lobbying, there needs to be greater dissemination of information about this practice and greater control over the acceptance of contributions from interests, preventing the power of lobbyists over legislators.
The correct answer is:
Find out more information about lobbying here:
brainly.com/question/25117359
Answer:
The present value of the contract is 0.5% higher if the rent is paid at the beginning of the month. That is equal to $11.28 for every $100 of rent.
Explanation:
if the rent is paid at the beginning of the month, the present value of the lease contract will be:
PV = monthly rent x PV annuity due factor
we are not given the monthly rent, but we know the PV annuity due factor for 0.5% and 24 periods = 22.67568
if the rent is paid at the end of the month, the PV = monthly rent x PV ordinary annuity factor
the PV ordinary annuity factor, 0.5%, 24 periods = 22.56287
assuming that the rent is $100 (just to calculate a %), the PV of an annuity due = $2,267.57
the PV of an ordinary annuity = $2,256.29
the difference between them = [($2,267.57 / $2,256.29) - 1] x 100 = 0.5%
Answer:
Not ok and both broker and agent can be in trouble for lack of supervision
Explanation:
Based on the information provided within the question it can be said that this situation is not ok and both broker and agent can be in trouble for lack of supervision
. This is because the agent and the employing broker are obligated to put the client's interests first and have no authority to withhold any offers from the client. That being said the employing broker also has the responsibility of supervising the employees and making sure that personal views do not affect the business decisions.
Answer:
Explanation:
Are households primarily buyers or sellers in the goods and services market?
A. Buyers
Households are primary buyers in the goods and service market. Households buy goods and services from the producers in the goods and services market
Are households primarily buyers or sellers in the labor market?
B. Sellers
- Households are sellers in the labor market. They sell their services in exchange for wages
Are firms primarily buyers or sellers in the in the labor market
A. Buyers
Firms are buyers in the labor market. They buy the services of households
Are firms primarily buyers or sellers in the goods and services market?
B. Sellers
Firms are sellers in the goods and services market. They sell their finished goods and services
