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4 years ago

Mark Cuban (Net Worth: 20 billion) purchased a new dish washer, something goes wrong, can he sue under the DTPA?

Business

1 answer:

hjlf4 years ago

5 0

Answer:

The correct answer is: No, he cannot.

Explanation:

The Deceptive Trade Practices Act or DTPA aims to provide consumers support in front of failures or breaches at the moment of purchasing or leasing a good or service. Though, <em>before filing a DTPA lawsuit</em> <em>the consumer must notify the vendor about the issues</em> so the vendor can try to find a solution without the need of going to court. The consumer has sixty (60) days before the lawsuit to inform the vendor about the problems.

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A credit card company advertises an APR of 15.3%, compounded daily. What

Art [367]

Answer:

B. 16.53%

Explanation:

The effective interest rate is the real interest rate charged by a bank or any other type of lender on a loan.

the formula to calculate effective interest rate = r = (1 + i/n)ⁿ - 1

i =15.3%
n = 365 days

r = [1 + (15.3%/365)³⁶⁵] -1 = 1.00419178³⁶⁵ - 1 = 1.165287621 - 1 = 0.165287621 ≈ 16.53%

7 0

4 years ago

Starbucks purchases from coffee growers located in more than 20 countries. It pays the coffee farmers a fair price for the beans

kirza4 [7]

Answer: Sustainable Procurement.

Explanation:

Sustainable Procurement involves making purchase in such a way that makes it easy for the product bought to be reproduced for sale, as corporate social responsibility is considered when making purchase. Starbucks is making use of sustainable purchase in their transactions with the coffee farmers.

8 0

3 years ago

The Labour Relations Act provides that every employee has the right not to be unfairly dismissed. Discuss this statement (Refer

baherus [9]

The National Labor Relations Act ("NLRA"),

National labor relation act approved by Congress in 1935,made it plain that the United States' objective is to promote collective bargaining by upholding employees' complete freedom of organization. By giving workers in private-sector companies the fundamental right to demand better working conditions and choice of representation without fear of punishment, the NLRA safeguards workplace democracy. Section 1. Strikes and other forms of industrial conflict or unrest have the intention or necessary effect of impeding or obstructing commerce by (a) affecting the effectiveness, safety, or operation of the instruments of commerce; (b) occurring as a result of (a) the denial by some employers of the right of employees to organize and the refusal by some employers to accept the procedure of collective bargaining in the flow of commerce; (c) materially affecting, restricting, or controlling the flow of raw materials or manufactured or processed goods from or into the channels of commerce, or the prices of such materials or goods in commerce; or (d) causing a decline in employment and wages in a quantity that significantly affects or disrupts the market for goods flowing from or into the channels of commerce.

Learn more about National labor relation act hear :

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8 0

2 years ago

A business organizational form in which all general partners actively participate in ownership and management and are liable for

docker41 [41]

Answer:

General partnership

Explanation:

General partnership is a business organization, whereby two or more partners agrees to share the profit, loss and liability that arises from business operation. What this means is that each partner actively participate in the operations of the business and should the company owe any debt, any of the partners may be sued for the business debt including seizure of the owners assets.

One of the advantages of general partnership is the ease of flexibility to structure their business as they deemed fit hence are able to closely monitor and control operations.

4 0

4 years ago

An automobile final assembly plant has an annual production capacity of 200,000 cars. The plant operates 50 weeks/yr, 2 shifts/d

notka56 [123]

Answer:

a) Rp= 200,000 / (50 X 10 X 8)= 50.0 units /hr

b) Tc= E/Rp= 60 (0.95) /50 =1.14 min

Ts= Tc - Tr = 1.14 - 0.15 = 0.99 min

w= Min Int > Twc/EbTs= 15.0 X 60 / (0.93 X 0.99) ) 944.5 rounded: 978 workers /shift

Total number of workers = 1956 over 2 shifts

n= w/M = 978/2.2 = 444.3 rounded 445 stations

Annual workload WL = 200,000 cars x 15/hr/car = 3,000,000 hr/work

with 1956 workers,= 1956 (50 X 10 X 8) = 3,912000 hr

This doesn´t include E, Eb and Er

E= 0.95 (given), Eb= 0.93 and Er= 0.99/1.14= 0.8684

Usable service time: 3, 912,000 (0.95) (0.93( (0.8684) = 3,912,000(0.767) = 3,001, 409 hr

C) the plant operates (50 weeks/yr)(10 shifts/week) (8 hr(shift) = 4000 hr/yr

Total hourly labor rate= $30 + $15= $45/hr

total labor cost = (1956 workers) (2000 hr/wrk-yr) ($45/hr) = $176,040,000

LAbor cost in trim-chassis-final per car= 176,040,000/200,000 = $880.20/car

3 0

3 years ago