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steposvetlana [31]
4 years ago
8

Wanda Workout stopped at the local store to purchase a drink after her strenuous jog that morning. She purchased a large drink f

rom Kelly. An hour later, Wanda did not feel well and started to get sick. She ended up in the hospital because she could not hold anything down. She learned that there had been some toxic chemicals in the drink causing her to be sick
Wanda's best theory for breach of implied warranty is
a. warranty of fitness for normal use
b. warranty of encumbrances
c. warranty of infringement
d. warranty of title
e. warranty of fitness for particular purpose
Business
1 answer:
quester [9]4 years ago
8 0

Answer:

Warranty of fitness for particular purpose.

Explanation:

Under the principle of implied warranty, products must be fit for the particular use for which they are intended. What does one do with a drink other than drink it ? Therefore, there was no need for Wanda to inform Kelly about the purpose, as Kelly is aware of the purpose for which Wanda wants the product.

Hence, it is seller Kelly's duty to ensure that the goods are suitable for that purpose.In other words, there was an implied warranty that the drink was fit to be consumed.

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An individual is both an appraiser and a real estate broker. What are the individual’s USPAP obligations when preparing listing
Natalija [7]

Answer:

The Uniform Standards of Professional Appraisal Practice (USPAP) provides flexibility for professionals that have multiple roles like being a broker and an appraiser at the same time.

USPAP requires that appraisers must not misrepresent their roles if they also act as brokers or agents. That means that as long as appraisers are not doing something that misrepresents his/her appraiser role, then there is no limitation on performing other roles.

But if the appraiser is requested to sign a report as an appraiser, then USPAP rules apply and his/her appraiser role should be given priority.

4 0
3 years ago
Stock X has a beta of 1.4 and stock Y has a beta of 0.8. The market risk premium is 5.0% and the risk-free rate is 2.0%. What is
NNADVOKAT [17]

Answer:

d. 4%.

Explanation:

The computation is shown below;

We know that

Expected stock return = Risk free rate + Beta × Market risk premium

So,  

Expected stock return X is

= 2% + 1.4 × 5%

= 9%

And,

Expected stock return Y is

= 2% +.8 × 5%

= 6%

Now  

Expected Portfolio return Y and risk free asset is

= Weight stock y × return Y + Weight risk-free asset × Return risk-free asset

= .5 × 6% + .5 × 2%

= 4%

8 0
3 years ago
Identify each person in the table as structurally, frictionally, or cyclically unemployed.
Soloha48 [4]

Answer:

a. Structurally unemployed.

b. Cyclically unemployed.

c. Frictionally unemployed.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Natural Rate of Unemployment (NU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Cyclical unemployment rate (CU).

a. Structurally unemployed: Lorenzo recently lost his job as a dishwasher. Minimum-wage legislation keeps employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work.

b. Cyclically unemployed: Teresa is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full time job. A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.

c. Frictionally unemployed: Neha just graduated from college and is looking for a full- time position with an investment banking firm.

6 0
3 years ago
The Sugar Sweet Company will choose from two companies to transport its sugar to market. The first company charges $3995 to rent
notsponge [240]

For Q1, you have to set these equations equal to each other because it is asking how much of x is necessary to make the same amount of y, so:

3995 + 225.50x = 6500 + 100.25x

solve for x:, and get x=20

so 20 tons of sugar will give the companies the same cost.

For Q2: you need to plug in x=20 into either one of the original equations, and solve for y because this will give you the cost of transportation, so:

y= 3995 + 225.50(20)

y=$8,505 for the total cost

7 0
4 years ago
Basic scientific research is research that may not have immediate commercial application, but has the potential to contribute to
Studentka2010 [4]

Answer:

The correct answer is letter "A": positive externalities.

Explanation:

An Externality is a cost or benefit incurred or received by a third party who has no control over the factors that created the cost or benefit. Positive externalities occur when both at the private and social levels have a positive benefit from the consumption or production of a good.

3 0
3 years ago
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