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3 years ago

What warranty is created when a merchant affirms that the goods meet certain standards of quality, description or condition?

Business

1 answer:

Karo-lina-s [1.5K]3 years ago

8 0

Answer:

An express warranty

Explanation:

Express warranties can be made in writing, orally or even inferred by the salesperson's conduct. Even if the salesperson made a mistake by offering an express warranty, it is still valid. An express warranty states that a good or service will specifically be a certain way, or perform in a certain way. When a salesperson shows a model of the good, that is considered a express warranty that the good will be the same as the model.

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The application of strict liability to product defects is primarily based in federal statute.

Drupady [299]

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Titanium Metals Company had 20,000,000 shares of $0.01 par value common stock outstanding which had been sold for an aggregate a

Klio2033 [76]

Answer:

(a) Common shares outstanding after stock split:

$=\frac{20,000,000}{20}$

= 1,000,000

(b) New par value per share = 0.01 × 20

= 0.2

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3 years ago

Customer loyalty to a business is

kari74 [83]

Good for the company cause the more loyal a customer is the more they will want to spread your sells advertisemants and recommend you to other company.

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Suppose you have the following information on Sam's budget. Sam has a yearly budget of $2000 to spend on consuming concert ticke

AleksAgata [21]

Answer:

Bundles A B C D

Concert Tickets 80 60 20 0

Books 0 50 150 200

Explanation:

Since each concert ticket costs $25,

if Sam spends $2,000 on concert tickets, he will purchase 80 tickets
if he spends $1,500 on concert tickets, he will purchase 60 tickets

if he spends $500 on concert tickets, he will purchase 20 tickets

Since each concert ticket costs $10,

if Sam spends $2,000 on books, he will purchase 200 books
if he spends $1,500 on books, he will purchase 150 books
if he spends $500 on books, he will purchase 50 books

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3 years ago

Wilson was killed in an accident while he was on the job. Mary, Wilson's wife, received several payments as a result of Wilson's

cestrela7 [59]

a. Since the three months' salary is worth $52,400, the Gross Income from this item is $52,400.

b. Wilson's accrued salary will total $12,200 in Gross Income.

c. The gross income that Mary will receive is $255,000 under the group term life insurance.

d. The gross income that Mary will receive is $397,000, despite the election too receive an annuity of $25,000 for each of the 28-year period.

<h3>What is the gross income?</h3>

The gross income is the total amount of income earned or received over a period of time by an individual/household or a company. For individuals and households, the gross income includes wages, dividends, capital gains, business income, retirement distributions, and other incomes.

Gross income is stated before allowable deductions are made to arrive at the taxable or net income.

Learn more about gross income at brainly.com/question/13793671

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