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bixtya [17]
3 years ago
9

After having problems with her Mitsubishi car, sandra salazar had santa Fe Mitsubishi install a used LO1 motor in it. when she p

icked up the car, a Mitsubishi employee told salazar to bring the car back if she had any problems. The car was smoking when she drove it home, and two days later, after the car’s oil light went on, a gas station attendant checked the oil and found that the car was totally out of oil. salazar took the car back to Mitsubishi for repair. The car still smoked and lost oil quickly and finally would not run. when Mitsubishi would not replace the engine at no cost, salazar sued Mit- subishi, alleging violation of an express warranty as a result of the employee’s statement to bring the car back if she had any problems with it. was the statement an express warranty?
Business
1 answer:
ehidna [41]3 years ago
6 0

Answer:

The statement is not an express warranty, because it doesn't involve a negotiation of terms between Salazar and Mitsubishi. It is an employee of the company that imploy Salazar to bring the car should the car gives problem, and didn't involve an agreement between the two parties ( Salazar and Mitsubishi)

Explanation:

What is express warranty?

An express warranty arises from the parties’ negotiations in a sales transaction. Express warranties are often included in the written terms of a contract. An “express” warranty by a seller is created by:

Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.

Any description of the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the description.

Any sample or model, which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the sample or model.

An express warranty may be created even if the seller does not use formal words such as “warranty” or “guarantee,” and even if the seller does not have a specific intention to make a warranty. However, an express warranty is not created merely because the seller makes a statement as to the value of the goods, or as to seller’s opinion of the goods. Generally, statements made by a seller during the course of contract negotiations are treated as statements of fact, unless it can be shown that the buyer could only have reasonably considered the statement to be an opinion.

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BigorU [14]

Answer:

industrial products

Explanation:

A company that does this and mostly favors a push strategy is usually selling industrial products. That is because a push strategy focuses on taking the product to the potential customer and showing them how it works as well as how it can benefit them, therefore pushing the product on them. Industrial Products are great for such a strategy since they require actual demonstration and can easily show the potential customer the actual value that the product can provide.

3 0
3 years ago
Refer to Scenario 15-2. Which of the following statements is most likely to be true? (i) New entrants to the market know they wi
prohojiy [21]

Answer: (i), (iii) and (iv)

Explanation:

PPCo is able to provide the entire needs of the county and and has been in operations for a few years gaining loyal customers and controlling the market. Any company that will want to come in will have to fight them for market dominance and as such will have a smaller market share than PPCo.

As PPCo is meet the demands of everyone in the county, they are most likely experiencing Economies of Scale. This means that they are making more revenue thereby driving total cost down as the fixed costs remain the same but Revenue climbs. This classifies them as a Natural Monopoly because Natural Monopolies experience Economies of Scale and declining average total costs.

3 0
4 years ago
On January 1, 20X1, Bravo Company borrowed $26,000 to purchase equipment. The loan is to be repaid plus interest of 10% per year
andrey2020 [161]

Answer:

The general journal adjusting entry needed for December 31, 20X1:

Debit Interest expense $2,600

Credit  Interest Payable $2,600

Explanation:

On January 1, 20X1, Bravo Company borrowed $26,000 to purchase equipment. The loan is to be repaid plus interest of 10% per year, on December 31, 20X2.

The amount of interest expense for 1 year = $26,000 x 10% = $2,600

Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made. The company should record interest expense for the year 20X1 by the general journal adjusting entry:

Debit Interest expense $2,600

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7 0
3 years ago
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olga2289 [7]

Answer:

From the information given, the number of pizzas is 450 pizzas.

Explanation:

If the cafeteria is open 45 wks a year and they anticipate 10 pizzas per week, then they need 450 pizzas.

45*10

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3 years ago
Why is it easier paying your bills using the online bill pay feature with your checking account?
nataly862011 [7]

Answer:

Online bill pay helps you organize bills and keep track of due dates. It also makes it easier to see where your money is going, so you can make sure you have enough funds available to cover each payment. You receive and pay your bills all through your bank  — one list, in one place.

Explanation:

6 0
2 years ago
Read 2 more answers
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