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
Zurasky Corporation is considering two alternatives: A and B. Costs associated with the alternatives are listed below: Alternati
vichka [17]

Answer:

Differential cost of Alternative B over Alternative A=$61,600

Explanation:

Differential Cost:

It is the difference in costs if there are more than one alternatives and one alternative is chosen while rejecting the other alternatives.

In order to calculate the differential cost of Alternative B over Alternative A, including all of the relevant costs we first calculate the total cost of both alternatives and then tae the difference.

Total Of Alternative A=Material Cost+Processing Cost+Equipment Rental+occupancy costs.

Total Of Alternative A=$28000+$34000+$11000+$19500=$92,500

Total Of Alternative B=Material Cost+Processing Cost+Equipment Rental+occupancy costs.

Total Of Alternative B=$64000+$34000+$28500+$27600=$154,100

Differential cost of Alternative B over Alternative A=Total Of Alternative B-Total Of Alternative A

Differential cost of Alternative B over Alternative A=$154,100-$92,500

Differential cost of Alternative B over Alternative A=$61,600

5 0
3 years ago
If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are.
BigorU [14]

FOB shipping point

Explanation:

FOB affects the buyer's inventory cost adding liability for shipped goods increases inventory costs and reduce net income.

3 0
1 year ago
Dan works 50 to 60 hours a week supervising a group of engineers. He realizes that he is spending too much time training new eng
Allisa [31]

Answer:

The correct answer is letter "B": Identifying alternative solutions.

Explanation:

By identifying alternative solutions someone is trying to discard the solution of a problem over another because one of them is helpful but carries a problematic situation. In this process, it is important to identify in what way an objective can be reached without implying affecting other areas or people involved.

4 0
3 years ago
The financial reporting for private not-for-profit entities primarily focuses on: Multiple Choice basic information for the orga
Romashka [77]

Answer: basic information for the organization as a whole.

Explanation:

Private Not-for-profit organization as the term implies, are not operating to make a profit therefore their financial statements will generally not include measures that are aimed at showing profit like profit making organizations.

They will instead focus on talking about the entire organization as whole and what it has done so far in the current period. This is what is required of them by U.S. GAAP.

7 0
3 years ago
Which retail chain has a logo featuring a caricature of the faces of the three founders?.
nignag [31]

The retail chain that  has a logo featuring a caricature of the faces of the three founders is Pep Boys.

<h3>What is a retail chain ?</h3>

A retail chain  can be regarded as a retail outlet that has several locations share a brand, central management with business practices.

Pep Boys  which is an American automotive aftermarket service chain featured caricature of the faces of the three founders and was a company was founded in Philadelphia, Pennsylvania.

Learn more about retail chain  at;

brainly.com/question/24448358

6 0
2 years ago
Other questions:
  • Shondra’s family’s monthly net income is $6,654. The family’s budget is shown in the circle graph below. The family decides to i
    14·1 answer
  • A change in income preferences or prices of other goods or services leads to a that causes a:______
    5·1 answer
  • When a firm does not have the resource required for pursuing a growth strategy, and if the resource in question is not easily tr
    12·1 answer
  • True or False
    10·1 answer
  • Peter's Audio Shop has a cost of debt of 7%, a cost of equity of 11%, and a cost of preferred stock of 8%. The firm has 104,000
    12·1 answer
  • Sandra Kristof sells furniture for McKinney Furniture Company. Kristof is having financial problems and takes​ $650 that she rec
    10·1 answer
  • Fetzer Company declared a $0.35 per share cash dividend. The company has 200,000 shares authorized, 190,000 shares issued, and 8
    10·1 answer
  • Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. A
    12·1 answer
  • Suppose that there are only two firms in the automobile industry in a particular country. Which term describes the country's aut
    9·1 answer
  • The year the volleyball was introduced​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!