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
To decide how much an insurance policy should cost a customer, underwriters use ________, such as historical industry trends and
alekssr [168]

When deciding the cost of an insurance policy being applied to the customer, then the underwriting experts used the concept of data analytics.

Option C is the correct answer.

<h3>What is underwriting?</h3>

Underwriting is the act where the underwriters confirm the loan approval after analyzing the debt, income, and assets of the borrower.

The concept of data analytics is one of the processes applied to analyze the data along with collection and modeling. it helps the underwriters to figure out the conclusions based on the trends and patterns of the data.

Therefore, data analytics is the tool that underwriters used to compute the cost of insurance policy for the customer.

Learn more about the underwriting in the related link:

brainly.com/question/24988092

#SPJ1

6 0
2 years ago
Property risks are those
Hatshy [7]

Answer:

a

Explanation:

Property risk is an example of a pure risk.

Pure risks are risks in which loss is the only possible outcome. It could be full loss or partial loss. Other examples of pure risks are personal and liability risks

Property risk is the risk that a person or company's property would be damaged or lost.

For example, if a building is set on fire or if a car is stolen

5 0
3 years ago
What’s one difference between a checking account and a savings account
lutik1710 [3]
A checking account starts building credit
6 0
3 years ago
A Fraternal Benefit Society has each of the following characteristics EXCEPT
Doss [256]

Answer:

Answer is option C, i.e. Exists for profit.

Explanation:

A fraternity benefit society or benefit society are incorporated body that exist to provide benefits and insurance during any sundry difficulties to its various registered member. These societies do not have any beforehand capital stock with them. And also these societies do not operate for profit motive as their ultimate help is to provide financial support to its members in times of need.

3 0
3 years ago
Victor works for a telemarketing company that is on a very tight budget. He has been tasked with finding a method for the compan
AleksandrR [38]

The telecommunications technology that Victor's company can use is a wiki.

<h3>What is telecommunication?</h3>

It should be noted that telecommunication simply means the communication over distance by cable, telegraph, or telephone.

In this case, the telecommunications technology that Victor's company can use is a wiki. This important for the communication.

Learn more about telecommunication on:

brainly.com/question/26152499

#SPJ1

8 0
2 years ago
Other questions:
  • What is the difference between patronizing your favorite store and patronizing your little brother?
    12·2 answers
  • During regular economic times in Canada, the maximum length of time a worker can collect employment insurance is 26 weeks. Durin
    11·1 answer
  • Firms with the most profitable investment opportunities are willing and able to pay the most for capital, so they tend to attrac
    6·1 answer
  • When a tariff is imposed, there is always an additional loss. One loss occurs when consumers purchase fewer units of the good be
    10·1 answer
  • Colicchio Corporation acquired two inventory items at a lump-sum cost of $60,000. The acquisition included 3,000 units of knife
    11·2 answers
  • Flickczar, a film production company in the United States, sells the distribution rights of a film to its distributors in unders
    14·1 answer
  • Traveler's checks have no reserve requirements and are included in M1. When people travel during the summer and convert some of
    10·1 answer
  • Draw a Laffer curve. Label it. Draw a point on the curve at the tax rate that generates the maximum tax revenue. Label it ​T*. D
    7·1 answer
  • The economizing problem faced by a society is Question 73 options: A) a consequence of the fact that productive resources are sc
    5·1 answer
  • When you arrive for your job interview, the interviewer greets you with a warm handshake and a smile. While you speak, he smiles
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!