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
olga_2 [115]
3 years ago
7

An express warranty is created when a seller: makes an affirmation of fact or promise concerning the goods that becomes part of

the basis of the bargain. uses descriptive terms as a part of the bargaining process, but the buyer does not take it into consideration when making the purchase. sells goods meant for use for ordinary purposes. avoids using a sample or model as the basis for the contract.
Business
1 answer:
laiz [17]3 years ago
4 0

Question:

An express warranty is created when a seller:

A) makes an affirmation of fact or promise concerning the goods that becomes part of the basis of the bargain.

B) uses descriptive terms as a part of the bargaining process, but the buyer does not take it into consideration when making the purchase.

C) sells goods meant for use for ordinary purposes.

D) avoids using a sample or model as the basis for the contract.

Answer:

The correct choice is A)

An express warranty is created in the contract when a supplier makes a promise concerning the goods that the buyer can hold on to as an incentive to purchase the product.

Explanation:

For example, if a consumer buys a Laptop online, but when it arrives the item is the wrong specifications, wrong color, or is dented or damaged in anyway, an <em>express warranty</em> might entitle the consumer to a refund or replacement.

This warranty usually is stated upfront prior to or during the execution of the sales transaction.

Cheers!

You might be interested in
True or false: a database transaction is recorded only when a change is written to a database.
Alina [70]
That statement is false
Some of the database transaction could be recorded as soon as the transaction happen. Some companies may adopt different financial recording policy for their operation. It's not rare to see a company that will acknowledge transaction as soon as it happen so they could create a more accurate view about their company's financial position.
4 0
3 years ago
4. under rule utilitarianism the notion that if an action increases utility at one particular
Rina8888 [55]

Answer:

Moral decision

Explanation:

Utilitarianism is the notion of ethics that is an action is considered good if it results in the greatest good of all the others. It considers the single action and decided on that basis whether the certain thing is right or wrong. The utility increases at one particular action and when the other action arrives its utility diminishes. It does not show the moral decision that has been taken for the other reasons.

4 0
3 years ago
Consider the market for cars. Which determinant of supply is affected by each of the following events? a. A steel tariff increas
Kitty [74]

Answer & Explanation:

1.  A steel tariff increases the price of steel :  Increase in of 'Price of inputs' -  decreases (leftward shifts) supply curve

2. Improvement in robotics increase efficiency & reduces costs : Upgradation of 'technology'-  increases (rightward shifts) supply curve

3. Factories close because of am economic downturn : 'Number of sellers' reduce - decreases (leftward shifts) supply curve.

4. The price of trucks falls, so factories produce more cars : Decrease in 'price of related goods' - increases (rightward shifts) supply curve.

5. The government announces a plan to offer tax rebates for the purchase of commuter rail tickets : 'Expectations' regarding rise in relative price of cars - decreases (leftward shifts) supply curve.

6. The government announces that it will dramatically rewrite efficiency standards, making it much harder for automakers to produce their cars : 'Goverment policy' stringency  - decreases (leftwards shifts) supply curve.

4 0
3 years ago
Which of the following is a likely reason for choosing FDI instead of licensing?
Romashka [77]

Answer:

The correct option is B

Explanation:

FDI is an investment in the business through an investor from another country and control is with the foreign investor over the company purchased.

Licensing means all the contracts to which the third part has granted or licensed any right to its subsidiaries or company.

So, the reason for preferring FDI instead of license is sharing the intellectual know how with the foreign rival might be risky as this is a limitation in licensing.

8 0
2 years ago
Directions and Analysis Task 1: Defining Entrepreneurship Before deciding on a business. you determine that you need to know mor
andrew11 [14]

As with most things, market research has certain trends that come and go over time. Identify at least two market research trends, past or present, and explain the limitations of these trends.Question

Directions and Analysis Task 1: Defining Entrepreneurship Before deciding on a business. you determine that you need to know more about entrepreneurship Describe entrepreneurship. How is it different than working for someone else? How does entrepreneurship affect you? How does it affect the economy? Type your response here: Task 2: Latest Trends in Entrepreneurship Conduct online research to find out some of the latest trends in entrepreneurship. Describe five such trends in brief.​

8 0
3 years ago
Other questions:
  • why is it important to look at external sources of information when exploring product and service information​
    15·1 answer
  • Arctic Cat sold Seneca Motor Sports a shipment of snowmobiles. The snowmobiles were delivered on January 1, 2021, and Arctic rec
    12·1 answer
  • You have just determined the actual number of workstations that will be used on an assembly line to be 8 using the assembly-line
    11·1 answer
  • Flavio, CEO of Fabulous Frozen Custard believes that alternate plans are almost as important as the primary operational plans be
    10·1 answer
  • The key to success in the "prisoner's dilemma" game is to always be competitive. withdraw when one's partner chooses a competiti
    13·2 answers
  • 1. Based on the following information calculate the expected return and standard deviation for two stocks: State of Economy Prob
    5·1 answer
  • The following information is available for Lock-Tite Company, which produces special-order security products and uses a job orde
    14·1 answer
  • Education and training of workers would best be categorized as:
    5·1 answer
  • Managers in a cosmetics factory have been having problems with employees starting cliques. To develop more of a team culture, th
    12·1 answer
  • The nielsen company provides ratings for the tv industry. ratings are calculated from what sources? (multiple correct answers -
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!