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SCORPION-xisa [38]
4 years ago
11

Oceanic Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a barge. Oceanic is a merchant who deals i

n goods of the kind sold. The goods are defective. Under the UCC, the implied warranty of merchantability is breached
Business
2 answers:
Anton [14]4 years ago
5 0

Answer:

Regardless of what Oceanic knew or could have discovered

Explanation:

An implied warranty for merchantability guarantees that a product will work as expected. if your oven won't maintain a stable temperature, it can't be relied upon to work properly and has violated the implied warranty of merchantability.

The warranty of merchantability is based off the idea that the seller is in a better state to know whether a product will perform properly. it encourages merchants to ensure the quality of their products before placing them on market.

svet-max [94.6K]4 years ago
5 0

Answer:

Irrespective of what oceanic could have discovered or knew

Explanation:

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OS Environmental provides cost-effective solutions for managing regulatory requirements and environmental needs specific to the
timofeeve [1]

Answer:

the question is incomplete, so I looked for a similar one online:

December 31, year 1:

interest expense = $5,300,000 x 12% x 6/12 = $318,000

September 30, year 1:

interest expense = $5,300,000 x 10% x 3/12 = $132,500

October 31, year 1:

interest expense = $5,300,000 x 9% x 4/12 = $159,000

January 31, year 2:

interest expense = $5,300,000 x 6% x 7/12 = $185,500

4 0
3 years ago
With Dollar Shave Club, you can sign up online for a subscription of shaving and personal care products to be delivered to your
ch4aika [34]

In the case of Dollar Shave Club described above, the business uses the Direct Marketing Channel.

<h3>What is Direct Marketing Channel?</h3>

The direct marketing channel is used when advertising products outside of fixed retail outlets.

When people buy our products online in this day and age, direct marketing is used.

In place of an established offline marketing position, the online outlet now serves as a channel for selling to customers directly.

Direct marketing techniques include emails, online ads, flyers, database marketing, promotional letters, newspapers, outdoor advertising, phone text messaging, magazine ads, coupons, phone calls, postcards, websites, and catalog distribution.

Following are some of the main direct marketing channels: Face-to-face sales, direct mail, catalog marketing, telemarketing, TV, and other direct response media are among the other marketing methods. Kiosk marketing is another.

To know more about direct marketing channels refer to:  brainly.com/question/15331624

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6 0
2 years ago
A credit entry:
blagie [28]

Answer: e. Decreases asset and expense accounts, and increases liability, common stock, and revenue accounts.

Explanation:

Let's evaluate each of the options as follows:

a. Is always a decrease in an account - This is false because a credit entry increases liability, common stock and revenue accounts.

b. Is recorded on the left side of a T-account - Although in modern day accounting, the use of T-account has been relegated to the background. However, if entries are to be recorded using the T-account, all debits are posted to the left side while all credits are recorded on the right side of the account.

c. Increases asset and expense accounts, and decreases liability, common stock, and revenue accounts - It does not increase asset and expense accounts, rather it reduces them. The opposite applies to liability, common stock, and revenue accounts.

d. Is always an increase in an account - This is false.

Therefore, option e is correct because a credit entry reduces asset and expense accounts, and increases liability, common stock and revenue accounts.

3 0
3 years ago
Read 2 more answers
Physical counts of inventory:_______.A. Are not necessary under the perpetual system. B. Are necessary to adjust the Inventory a
RSB [31]
Answer question answer please correct answer answer please answer question
6 0
3 years ago
Petromax Enterprises uses a continuous review inventory control system for one of its SKUs. The following information is availab
SVETLANKA909090 [29]

Answer:

  • Economic order quantity= 1406 units
  • Safety Stock= 630 units
  • Reorder Point= 14130 units

Explanation:

Given Demand D= 78,000units/year

Ordering cost S = $38.00/order

Holding cost H = $3.00unit/year

Average lead time = 9 weeks

Standard deviation of weekly demand = 120 units

a) Economic order quantity:

EOQ = \sqrt{(2*D*S)/H}

EOQ = \sqrt{(2*78000*38)/3}

1405.7 = <u>1406 Units</u>

b)<u> Safety Stock:</u>

Weekly demand = 78000/52 =1500 units

Standard deviation of weekly demand = 120 units

Lead time is 9 weeks

Using the normsinv() in excel the Z value for the desired 96% service level is 1.75

Safety stock = z\sigma _{d}\sqrt{L}

= 1.75*120*\sqrt{9}

= 630 units

Reorder point = average lead time demand + safety stock

= lead time * weekly demand + saftey stock

  = 9*1500 + 630

  = 13500 + 630

Reorder point = 14130

8 0
3 years ago
Read 2 more answers
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