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.
Answer:
29,000 units
Explanation:
The computation of the number of units produced next year is shown below:
Number of units produced next year = Ending finished goods inventory units + budgeted sales units - beginning finished goods inventory units
where,
Ending finished goods inventory units is 6,000 units
Budgeted sales units is 26,000 units
And, the beginning finished goods inventory units is 3,000 units
So, the number of units produced is
= 6,000 units + 26,000 units - 3,000 units
= 29,000 units
We simply applied the above formula
The government and the authority’s
A lease is a contractual arrangement where one party, called the lessor, provides an asset for use by the other party, referred to as the lessee, based on periodic payments for an agreed period. The lessee pays the lessor for the usage of the asset or property
The landlord is the party to the lease who owns the property and leases it to the tenant as a rental property for temporary possession. For example, in a rental house, the landlord is the landlord and the tenant is the tenant.
A lessor is either an individual or a legal entity such as a company or organization. The lessor is always the owner of the property. For example, for a car, the lessor can be the owner or car dealer who rents the car. The lessee is always the person who uses the property temporarily
Learn more about lessors here
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Answer:
When companies hire celebrities to advertise their products, they are attempting to make the demand for their product higher / more profitable. If this strategy is successful, the firm can raise both awareness and reputation / sales.
Explanation:
"Celebrity endorsement is a promotional tool that boosts brand awareness. It is a way of enhancing credibility and gaining visibility for brands. Celebrities are well-known people and a celebrity endorsement can make a brand stand out"
Reference: Elkins, Hashaw. “The Effect of Celebrities in Advertisements.” Small Business - Chron.com, 29 Mar. 2019
