Answer:
The buyer has agreed to waive his warranty rights by agreeing the clause of waiving the warranty rights under the contract.
Explanation:
If the buyer and the seller agrees on the term that the risks and the rewards coming onwards would belong solely to the buyer and there will be no warranty claims acceptable related to this product. This is the limitation of the application of the Unifrom Commercial Code.
The total amount of the dividends that Mr. James Hayes will receive in one year is $1785 total dividend.
The formula to get the total dividend is simply multiply the shares by stock issue per share. In this question we have 510 shares and stock issue pay $3.50 per share.
$3.50 per share * 510 shares = $1785 Total dividends
The scenario that's illustrated regarding the property in this case is improper dominion.
<h3>What is dominion?</h3>
It should be noted that in law, dominion simply means the right to control the ownership of a a property.
In this case, since Mechelle has allowed people to camp and park in the backwoods of the property, leaving piles of trash everywhere and thereby diminishing the value of the property, this illustrates improper dominion.
Learn more about property on:
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Answer: $1,193,838.80
Explanation:
The price of a bond is the sum of the present value of the coupon payments and the face value at maturity.
= Present value of coupon payments + Present value of face value at maturity
First adjust the variables for semi-annual:
Number of periods = 5 * 2 = 10 semi annual periods
Coupon payment = 8% * 1,100,000 * 1/2 years = $44,000
Yield = 6% / 2 = 3%
Present value of coupon payments:
The coupon payments are constant so are an annuity:
= Annuity * Present value of an annuity factor, 10 periods, 3%
= 44,000 * 8.5302
= $375,328.80
Present value of face value
= 1,100,000 * Present value of 1, 3%, 10 periods
= 1,100,000 * 0.7441
= $818,510
Selling price:
= 375,328.80 + 818,510
= $1,193,838.80
Debited to the inventory account.
Hope this helps!