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Shkiper50 [21]
3 years ago
11

Wolfgang operates an upholstering business. He contracted to reupholster a sofa for Hans, and to do the work at Hans' home. Afte

r the work was complete, Hans failed to pay the agreed price. Wolfgang wants to assert a lien against the sofa in order to collect the money due to him. Is Wolfgang entitled to a lien under these circumstances?
A. Yes, because he is an artisan who improved personal property.
B. Yes, because Hansowes a debt based on the contract to improve the sofa
C. No, because he is not an artisan who improved personal property.
D. No, because he has no possession of the sotato claim lien.
Business
1 answer:
Roman55 [17]3 years ago
6 0

Answer:

B.

Explanation:

Based on the information provided within the question it can be said that in this scenario Wolfgang is entitled to a lien because Hans owes a debt based on the contract to improve the sofa. Regardless of what kind of contract, both parties entered an agreement and only Wolfgang held up his part of the agreement. Therefore Hans owes Wolfgang payment, and failure to do so entitles Wolfgang to a lien.

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Losing a customer once means losing the entire stream of possible purchases that the customer would make over an extended period
sdas [7]

Answer: (D) Customer lifetime value  

Explanation:

 The customer lifetime value is the term, which refers to the overall profit  of an organization and this type of method also helps in estimating the customer monetary in the business.

The customer lifetime value is basically using the predictive analytical method for analyzing the relationship with the consumers.

The customer lifetime value is refers to the metric of net profit in an organization and it also helps in making various types of decision in an organization in terms of development, marketing and the customer support.

 Therefore, Option (D) is correct answer.

5 0
3 years ago
Top managers at cincinnati microwave believe that they have a successful working prototype of their new radar detector and plan
bearhunter [10]

The correct answer is the test marketing. Test marketing is being defined as the experiment that is being conducted in the laboratory by which they are likely comprise of the real life buying situations and as well as the actual stores by which is without the knowledge of the buyers that they are participating in the evaluation.

7 0
3 years ago
Equilibrium levels of income and interest rates are ______ related in the goods and services market, and equilibrium levels of i
dsp73

Answer:

The correct answer is option D.

Explanation:

The income and interest rates are inversely or negatively related in the goods market.

An increase in interest rate would lead to increase in the cost of borrowing.As a result the capital investment will fall. This would further contribute in a decline in the production. This ultimately causes income level  to decline.

In the money market though equilibrium levels of income and interest rate are positively related.

The equilibrium in the money market is determined by the intersection of demand for money curve and supply of money curve.

The demand for money depends on transactionary and precautionary motives. When there is an increase in income, the transactionary demand for money will increase as people will spend more. The increase in demand would cause the interest rate to rise.

In this way, income and interest rate arepositively related in the money market.

7 0
3 years ago
Determine the beginning cash balance for Sweet Treats Eats if the net cash provided by operating activities is $35,000, net cash
Nataly_w [17]

Answer:

$50,000

Explanation:

Given the following information for Sweet Treats Eats

net cash provided by operating activities = $35,000

net cash used by investing activities = $42,000

net cash provided by financing activities = $12,000

ending cash balance = $55,000

Beginning cash balance + $35,000 - $42,000 + $12,000 = $55,000

Beginning cash balance = $55,000 - $35,000 + $42,000 - $12,000

                                         = $50,000

6 0
3 years ago
A chain of video stores sells three different brands of DVD players. Of its DVD player sales, 50% are brand 1 (the least expensi
slava [35]

Answer: 60.98%

Explanation:

Probability that it is a brand 1 DVD player that needs repair work = Probability of brand 1 DVD needing repairs / Probability that a DVD player will need fixing while under warranty

Probability of brand 1 DVD needing repairs = Brand 1 sales percentage * Percentage of brand 1 needed repair

= 50% * 25%

= 12.5%

Probability that a DVD player will need fixing while under warranty = (50%* 25%) + (30% * 20%) + (20% * 10%)

= 20.5%

Probability that it is a brand 1 DVD player that needs repair work = 12.5% / 20.5%

= 60.98%

6 0
3 years ago
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