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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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What is the ability of an organization to tailor its products or services to the customer's specifications?
kap26 [50]

Answer:

Mass Customization

Explanation:

Mass Customization -

It is a manufacturing and marketing strategy ,

where huge range of services and products are altered or changed according to the likes and dislikes of the customers , is referred to as mass customization.

It is also known as built - to - order and made - to - order.

These type of method are used in order to increase the sale of the goods and service , by modifying the goods according to the customers satisfaction.

Hence , from the question,

The correct term is mass customization.

6 0
3 years ago
Shane is the project manager of the organizational development team at Solid Hardwoods. Shane's team has been assigned the task
qaws [65]

Answer: Option B

Explanation:  Centralization or centralization  is the mechanism by which an organization's operations, particularly those related to planning and policy-making, framing strategies and regulations, are consolidated within a specific geographic region unit and are handled by some for the individual employees within.

These employees are usually the top managers and executives working in the company and have authority to make decisions that can impact the company as a whole.

Hence from the above we can conclude that the correct option is B.

7 0
3 years ago
Assume that Verizon Communications, Inc. reports the following selected balance sheet and income statement information for 2012
GalinKa [24]

Answer:

TIE 6.26238

Explanation:

Times Interest Earned:

\frac{EBIT}{Interest \: Expense} = 6.26238

EBIT = earnings before Interest and Taxes

\frac{13,652}{2,180} = 6.26238

4 0
3 years ago
Shelton inc. has sales of $23.8 million; total equity of $31.3 million; and total debt of $16.7 million. if shelton's profit mar
tiny-mole [99]

Sales = $23.8 million

Total equity = $31.3 million

Total debt = $16.7 million

Profit margin = 8% = 0.08

Return of assets = ?

First we calculate the total assets:

Total assets = Total debt + Total equity

= $16.7 million + $31.3 million = $48 million

Now find net income by using this formula:

Profit margin = Net income / Sales

<span> Net income = Profit Margin × Sales  = 0.08 x 23,800,000 = $1,904,000 Now calculate Return of assets: Return on assets = Net income / Total assets  =$1,904,000 / 48,000,000 </span>

Return on assets = 3.967%

6 0
3 years ago
Which activity does economics primarily study?
SashulF [63]

Answer:

c. best utilization of scarce resources

Explanation:

Economics is the study of how society uses its scarce resources to meet the insatiable needs of its members. Resources are the inputs that a county uses to produce goods and services. They are the four factors of production.

Human needs are unlimited and cannot be satisfied with the available scarce resources, necessitating human beings to make choices. Economics will involve analyzing production decisions amidst limited resources. It also analyses how the goods produced are distributed to satisfy the different needs and wants of its members.

3 0
3 years ago
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