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zzz [600]
2 years ago
9

The Elle Corporation manufactures fingernail polish. Suzy buys a container of Elle's fingernail polish, applies it to her nails,

and suffers a severe allergic reaction. She sues Elle under the implied warranty of merchantability. The test for determining whether Suzy will recover is whether:
Business
1 answer:
swat322 years ago
8 0

Answer:

such a reaction in an appreciable number of consumers was reasonably foreseeable

Explanation:

In simple words, the given case can be related to the intent to fault or hiding the fault even after knowing about it. If in he given case it was proved that the product was allergic to a number of people then it would be stated that the company manufacturing it is the culprit of branding a harmful product.

However if it came to light that only Elle was allergic to the product due to some unique medical condition then there might not be any case to file.

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Stryder, Inc., has 3 million shares outstanding at a current price of $15 per share. The book value of the shares is $10 per sha
KengaRu [80]

Answer:

Answer:

                                                                                         $

Market value of shares (3,000,000 x $15)           = 45,000,000

Market value of bonds (30,000,000 x $101/100) = 30,300,000

Market value of the firm                                            75,300,000

The correct answer is D

Explanation:

Market value of the firm is the sum total of market value of shares and market value of bond. The market value of each stock is equal       to number of stocks issued multiplied by current market price of each stock.

Explanation:

6 0
3 years ago
Sparks Corporation has a cash balance of $5,480 on April 1. The company must maintain a minimum cash balance of $5,000. During A
beks73 [17]

Answer:

d) $3,920

Explanation:

The computation of the borrowed amount is shown below:

= Beginning cash balance + expected cash receipts - expected cash disbursements - minimum monthly cash balance

= $5,480 + $56,200 - $60,600 - $5,000

= $3,920

We easily add to the starting cash balance the estimated cash receipts and deducted the expected cash disbursements and the minimum monthly cash balance, in order to get the correct value

5 0
3 years ago
3. Which of the following occupations relate to a skill category of mathematics and data? Select
AURORKA [14]

did you ever get the right answers  if not


2 is D

3, is engineer and financial analyst

4 is educator nd lawyer

7 0
3 years ago
Metal Products Co. has an inventory period of 53 days, an accounts payable period of 68 days, and an accounts receivable turnove
Rashid [163]

Answer:

71 days

Explanation:

Length of cash cycle = days of inventory on hand + days of sales outstanding - days of payables

days of sales outstanding = number of days in the period / receivable turnover

360 / 18 = 20

8 0
3 years ago
Read the factors of production for two businesses: In Case manufactures cases for smart phones, while Wrap It Up is a gift-wrapp
creativ13 [48]

Answer:

In case is relatively more capital intensive & Wrap it up relatively more labour intensive.

Explanation:

Comparing 'In Case' cases for smart phones & 'Wrap it up' gift wrapping service

  • In case : 1500 rent, 2 employees, 2000 & 4500 inventory & equipment expense
  • Wrap it up : 1500 rent, 5 employees, 1500 & 2500 inventory & equipment expense

Land fixed cost requirements for both are same. However, In case needs less labour & more inventories, equipment expense. Wrap it up needs more labour, less inventory, equipment expense.

So, In case is relatively more capital intensive & Wrap it up relatively more labour intensive.

6 0
3 years ago
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