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shtirl [24]
3 years ago
10

A car manufacturer advertises that the windshield in its cars is shatterproof and will not break even when hit with a strong imp

act. While an owner of one of the cars was driving home one day, a small rock hit the windshield and the windshield broke, cutting the driver. What type of warranty was breached?a) an express warrantyb) an implied warrantyc) the warranty of fitness for a particular purposed) the Magnuson-Moss warranty
Business
1 answer:
Olin [163]3 years ago
3 0

Express warranty was breached.

Option a

<u>Explanation: </u>

An express warranty is a contract by a seller to provide replacement or repair within a specified period of time for a defective product, service or component. In accordance with the federal Magnuson-Moss Warranty Act, if an item is sold for < $15 a company must make written express warranty.

For compliance with the Magnuson-Moss Warranty Act, if a product is sold for more than 15 million, a manufacturer must provide a formal specific warranty.

Description of a product or service mentioned in the commercial will set a clear promise as a precedent.

An implicit promise can take effect in the absence of expressed guarantees.

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According to the CAPM, what is the expected market return given an expected return on a security of 17.2%, a stock beta of 1.6,
seropon [69]

Answer:

Expected market return is 13%

Explanation:

CAPM is used to calculate the expected return on an asset for decision making to add any further asset to a well diversified portfolio. It involves different factors like market risk premium, asset beta and risk free rate as well to calculate a return rate which is expected to obtain from underline asset or investment.

As per given data

Expected return = 17.2%

Stock beta = 1.6

Risk free rate = 6%

According to CAPM

Expected Return on security = Risk free rate + Stock beta ( Market Risk Premium )

17.2% = 6% + 1.6 × ( Market Risk Premium )

17.2% = 6% + 1.6 × ( Market return - Risk free rate )

17.2% = 6% + 1.6 × ( Market return - 6% )

17.2% - 6% = 1.6 × ( Market return - 6% )

11.2% = 1.6 × ( Market return - 6% )

11.2% / 1.6 = Market return - 6%

7% = Market return - 6%

7% + 6% = Market return

Market return = 13%

3 0
3 years ago
The maturity models presented in this chapter all demonstrate that: a. Project management maturity is an ongoing process based o
Lostsunrise [7]

Answer:

a. Project management maturity is an ongoing process based on continuous improvement.

Explanation:

Maturity models are a prospering approach to improving a company's processes and business process management capabilities. It measures the ability of an organization for continuous improvement in a particular discipline.

Project management maturity models are used to: compare practices against an industry standard, define a systematic route for improving project management practices and evaluate current project management practices.

From the above, we can conclude that the maturity models presented in this chapter all demonstrate that Project management maturity is an ongoing process based on continuous improvement.

6 0
3 years ago
Read 2 more answers
In a portfolio problem, X1, X2, and X3 represent the number of shares purchased of stocks 1, 2, and 3, which have selling prices
vaieri [72.5K]

Answer:

The correct solution is "x_1 \leq 0.35 (x_1 + x_2 + x_3)".

Explanation:

According to the question,

Let,

For stock 1,

The number of shares to be purchased will be "x_1".

For stock 2,

The number of shares to be purchased will be "x_2".

For stock 3,

The number of shares to be purchased will be "x_3".

then,

The cumulative number of shares throughout stock 1 would be well over or equivalent towards the approximate amount of all the shares or stocks for the set limit.

i.e., x_1+x_2+x_3

Thus the correct equation is "x_1 \leq 0.35(x_1+x_2+x_3)".

7 0
3 years ago
FILL IN THE BLANK. aggregate supply curves are___for low levels of output, and___for high levels of output.
yuradex [85]

For low levels of output, aggregate supply curves are comparatively flat; for high levels of output, they are comparatively steep.

<h3>What is aggregate supply? </h3>

The total amount of merchandise that businesses will produce and sell is known as aggregate supply, or real GDP. The positive association between price level and real GDP in the short run is demonstrated by the upward-sloping aggregate supply curve, also known as the short run aggregate supply curve.

Price, time, employer remuneration, technical breakthroughs, inflation and deflation, governmental rules, and the availability of resources are some of the variables that influence the aggregate supply curves.

To know more about aggregate supply, visit:

brainly.com/question/29349235

#SPJ1

4 0
1 year ago
An MBA redesign committee plans to spend a decade traveling the world to benchmark graduate programs at other universities. Rega
Galina-37 [17]

Answer:

(D) Cost

Explanation:

Due to change in economy overtime it is not easy to predict the cost of a long term project. Also different states and or countries have different inflation rates, therefore it is not easy for the committee that will spend a decade travelling the world to balance performance in the are of cost. Long term budget needs to be flexible to cover increase and decrease in the economy.  

4 0
3 years ago
Read 2 more answers
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