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tiny-mole [99]
3 years ago
8

Sally wanted to replace the old carpet in her home. She entered into a contract with Good Carpet Co. for the purchase and instal

lation of a new carpet. The price of the carpet was $3,000 and the cost of the labor to install the carpet was $150. Later Sally became dissatisfied with this transaction and wants to sue Good Carpet Co. Sally wants to apply the contract rules of the UCC, but Good Carpet Co. wants to apply the contract rules of the common law. Which source of law should govern this case?
A. The contract rules of the UCC apply, because the contract included the sale of goods.
B. The contract rules of the UCC apply, because the predominant purpose of the contract was sale of goods.
C. The contract rules of the common law apply, because the contract included services, which are governed by the common law.
D. The contract rules of the common law apply, because all contracts are governed by the common law.
Business
1 answer:
Olin [163]3 years ago
5 0

Answer:

B)  The contract rules of the UCC apply, because the predominant purpose of the contract was sale of goods.

Explanation:

The contract doesn´t include in its mayor part provision of services. And Sally wanted to sue Good Carpet for the services that they provided, not for the good it sells.

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Falls River Bank receives a check drawn on the account of Get-Rich Industries, Inc., one of the bank’s customers, at 3 p.m. Frid
EastWind [94]

Answer:

Tuesday

Explanation:

In order for a bank to pay a check, it must be passed on before receipt. Since Falls River Bank uses deferred posting, and the check was presented after the cutoff hour, it will be considered received the next business day. in this case the next business day is Monday. Then the bank has two business days to return a check.

If the bank is not going to pay the check and return it, it must do it before Tuesday at midnight.

7 0
3 years ago
A _____ is conducted by marketing researchers to provide background information on other organizations that may have faced simil
marissa [1.9K]

Marketing researchers perform a review of the literature to provide context for other firms that could have encountered related issues.

A marketing researcher is what?

Analysis of data from marketing reports and recommendation-making based on that analysis are the duties of a marketing researcher, also known as a marketing research analyst. Their suggestions assist the marketing staff in project planning and helping to keep the company's consumer base constant.

Numerous marketing researchers also contribute to the creation and execution of marketing content strategies and data analysis of the business, its goods or services, and client purchasing patterns. Being knowledgeable about current marketing trends in one's business and remaining current with new marketing technologies are essential components of every marketing researcher's job.

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8 0
2 years ago
When a reasonable probability exists that the product will cause or lead to serious harm or even death, how is the FDA drug reca
Nuetrik [128]

Answer:

Class I recall

Explanation:

The Food and Drug Administration (FDA) classifies recalls into three categories:

  1. Class I: products that may cause serious injuries or even death.
  2. Class II: products that may cause serious injury or temporary illness.
  3. Class III: products that are unlikely to cause serious injury or temporary illness, but still violate current FDA regulations.
4 0
4 years ago
In the Keynesian model, suppose the Fed wants to keep output unchanged. If the IS curve shifts to the left, and the Fed acts to
sergey [27]

Answer:

Have an expansionary monetary policy (shift LM curve to the right)

Explanation:

See the graph attached. If the IS curve shifts to the left, there will be a new IS curve- The IS'. If the Fed wants to keep the output level (Y) unchanged, then it has to shift the LM curve to the right, to LM', so that the Y point (output level) in which the IS matches the LM stays the same (Y*).

Shifting the LM curve to the right, it means to have an expansionary monetary policy, which means to expand the quantity of money in the economy. This is done, for example, by decreasing the discount rate or reducing the reserve ratio.

3 0
4 years ago
A company is considering a capital investment of $45,000 in new equipment which will improve production and increase cash flows
saw5 [17]

Answer:

3 years

Explanation:

Calculation to determine The payback period

Using this formula

Payback period=Capital investment/ Increase cash flows

Let plug in the formula

Payback period=$45,000/$15,000

Payback period=3 years

Therefore The payback period is 3 years

8 0
3 years ago
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