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Lorico [155]
3 years ago
5

Mountain Bikes, Inc. (MBI), and Nero enter into a contract for a sale of amountain bike. MBI, a merchant who deals in goods of t

he kind sold, makesimplied and express warranties in connection with the sale. The MagnusonMossWarranty Act was designed to prevent deception in warranties by
a. displacing the UCC as the primary source of warranty rules.b. making warranties easier to understand.c. prohibiting disclaimers of warranties.d. requiring sellers to give written warranties for consumer goods.
Business
1 answer:
elena-s [515]3 years ago
3 0

Answer:

B) making warranties easier to understand.

Explanation:

The Magnuson Moss Warranty Act of 1975 governs consumer product warranties. Manufacturers are not required to offer product warranties, but when they do, they are required to provide clear and detailed information about warranty coverage. This law applies only to products, it doesn't apply to services.

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Which team member has the most significant role in a team effort?
MrRissso [65]

Answer:

D. All members are equally important

Explanation:

Edgenuity 2020

6 0
3 years ago
John invests a total of 10,000. He purchases an annuity with payments of 1,000 at the beginning of each year for 10 years at an
Dmitriy789 [7]

Answer:

7.95%

Explanation:

the first step is to determine the present value of the 10 year annuity

1000\frac{(1 + 0.08)(1 - (1 - 0.08)^{-10} }{0.08} = 7246.89

remaining balance of the 10,000 is invested in a 10-year certificates of deposit = 10,000 - 7246.89 =  $2753.11

We would calculate the future value of this amount

The formula for calculating future value:

FV = P (1 + r/m)^mn

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

m = number of compounding

$2753.11 x ( 1 + 0.09/4)^(4 x 10) = 6704.34

calculate the value of reinvestments

1000\frac{(1 + 0.07) ( 1 + 0.07)^{10} - 1 }{0.07} = 14783.60

14783.60 + 6704.34 = 10,000 ( 1 + er)^10

er = 0.0795 = 7.95%

3 0
3 years ago
Kaiser Industries has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and selling
9966 [12]

Answer:

The Coupon rate is 11.66%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $1,000

Selling price = P = $1,382.01

Number of payment = n = 14 years

Bond Yield = 7.5%

The coupon rate can be calculated using following formula

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

7.5% = [ C + ( $1,000 - 1,382.01 ) / 14 ] / [ ( $1,000 + $1,382.01 ) / 2 ]

7.5% = [ C - $27.29 ] / $1,191

7.5% x $1,191 = C - $27.29

$89.33 = C - $27.29

C = $89.33 + $27.29 = $116.62

Coupon rate = $116.62 / $1,000 = 0.11662 = 11.66%

4 0
3 years ago
Chloe makes $500 per week and spends all her income on books and tea. Books cost $25 each, and Chloe buys 16 each week. Tea cost
Marat540 [252]

Answer:

hi i reallly tried but dont want to give an answer that is wrong

plz forgive me

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Explanation:

8 0
3 years ago
The _____ component of the marketing environment consists of laws that require firms to operate under competitive conditions and
Luden [163]

Answer:

Political-legal Environment.

Explanation:

The political-legal environment component of the marketing environment consists of laws that require firms to operate under competitive conditions and to protect consumer rights. This component particularly has an impact on the marketing function of organizations. Laws made by the government of any country come into play here. Marketing department along side overall organization has to abide by these laws and rules. This factor/element basically decides the direction of the overall business as well. For example, when Chinese Government made a law that one family can have only one child, which was categorized as six-pocket syndrome. Business dealing with the kids related products were very successful and profitable those days, many organization also started making items for the kids those days.

8 0
3 years ago
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