1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ghella [55]
3 years ago
5

Moon, a farmer, needs to install a two-thousand-pound piece of equipment in his barn. This will require lifting the equipment th

irty feet up into a hayloft. Moon goes to Davidson Hardware and tells Davidson that he needs some heavy-duty rope to be used on his farm. Davidson recommends a one-inch-thick nylon rope, and Moon purchases two hundred feet of it. Moon ties the rope around the piece of equipment; puts the rope through a pulley; and, with a tractor, lifts the equipment off the ground. Suddenly, the rope breaks. The equipment crashes to the ground and is severely damaged. Moon files a suit against Davidson for breach of the implied warranty of fitness for a particular purpose.
What law has many rules governing warranties of goods?
a. Uniform Transactions Code
b. Uniform Sales Code
c. Uniform Commercial Code
d. Uniform Goods Code
Business
1 answer:
kirill [66]3 years ago
5 0

Answer: c) Uniform Commercial Code

Explanation:

it has different articles e.g for sales of goods, warranties and disclaimer (seller assuring buyer of the quality of product). And this is what has transpired between Moon and Davidson

You might be interested in
Your grandmother asks for your help in choosing a certificate of deposit​ (CD) from a bank with a​ one-year maturity and a fixed
CaHeK987 [17]

Answer:

1.97% and 2.01%

Explanation:

The computation of the effective annual rate is shown below:-

Effective annual rate = (1 + Annual percentage rate ÷ n)^n -1

For CD 1

= (1 + 0.0195 ÷ 12)^12 - 1

= (1 + 0.001625 )^12 - 1

= (1.001625 )^12 - 1

= 1.97%

For CD 2

= (1 + 0.02 ÷ 2)^2 - 1

= (1 + 0.01 )^2 - 1

= (1.01)^2 - 1

= 2.01%

CD 2 will recommend to the grandmother

3 0
4 years ago
A jeweler can potentially use two inputs in her handcrafted jewelry: copper or bronze. She finds that when she minimizes her cos
True [87]

Answer:

The isoquants will be straight parallel lines.

Explanation:

In the given secanrio copper or bronze may be used to produce jewellery. The utility derived from use of either one is the same. They are perfectly interchangeable. Therefore copper and bronze are perfect substitutes.

The isoquant curve shows all combinations of input that can be used to produce units of output.

For goods that have perfect substitution the isoquants are straight lines that are parallel to each other. The marginal rate of technical substitution is 1, and isoquant have slope angle of 45° with each axis.

Find attached an illustration of this. So copper is a perfect substitute for bronze.

6 0
3 years ago
reducing the price of laptop computers is considered a (one word) incentive since the opportunity cost decreases when the price
prohojiy [21]

Reducing the price of laptop computers is considered a - Positive incentive since the opportunity cost decreases when the price falls.

Answer is - Positive

Positive incentive

A positive incentive degree is an monetary, legal or institutional measure designed to inspire beneficial sports. wonderful incentive measures encompass for example incentive payments for natural farming, agricultural land set-apart schemes as well as public or supply-aided land purchases or conservation easements.

What are examples of positive incentive?

Positive incentives reward effective work conduct which includes collaboration among personnel and assembly deadlines. high-quality incentives can include reward, bonuses, profession advancements, incomes extra holiday days, present certificates and other monetary rewards.

What's Positive incentive in psychology?

Positive-incentive price is the predicted satisfaction involved inside the overall performance of a selected conduct, consisting of ingesting a selected food or consuming a selected beverage. it is a key element of the high quality-incentive theories of hunger.

Learn more about Positive incentive here :- brainly.com/question/25225649

#SPJ4

6 0
2 years ago
In what ways is Ingvar Kamprad a manager? In what ways is he a leader? What are the key leadership lessons provided by Kamprad’s
alexandr402 [8]

Answer:

Please see the explanation below

Explanation:

As a Manager:

Kamprad’s success as an entrepreneur is attributed to his managerial and leadership skills. Kamprad is an efficient financial manager and this is normally reflected in his inexpensive life. Kamprad encourages his employees to manage both personal and company resources in a very prudent manner. Kamprad is a very influential person and this makes it easy for him to implement company policies.

Kamprad is a very persistent manager who does not bow down to any competition. Kamprad’s major motivation is to improve the company’s market share and profits. His aggressiveness and determination to grow his company is what makes Kamprad to be classified as a good manager. Kamprad’s managerial philosophy is to always do things in a different way.

Kamprad’s background inspired him to establish a family business model that makes workers to feel as part of the family. Kamprad takes an inclusive approach to management and this improves the performance and dedication of his employees. Despite involving all employees in the affairs of the company, Kamprad is always aware of everything that happens within the company.

As a Leader:

The leadership quality that makes Kamprad to be a very special leader is his humility in accepting his mistakes and weaknesses.

Alcoholism is his most notable weakness and Kamprad has always owned up to this weakness. Kamprad is a very caring leader who will always go out of his way to ensure that his employees are fine. Kamprad is a very inspirational leader who influences his employees in a positive way.

Kamprad appears like other employees and does not like to be seen as a boss. He does everything like his employees and has over the years developed a very good relationship with employees IKEA is known around the world for its family like followership that makes every employee to feel as part of the family. The IKEA family is controlled by strict business ethics.  

Kamprad’s leadership can be described using a variety of leadership concepts.Transactional, transformational, charismatic and authentic leadership concepts are very critical in describing the leadership of a very successful entrepreneur like Kamprad. The transactional approach in leadership is results oriented and employees are rewarded according to their performance.

Kamprad is a results oriented leader and therefore the transactional leadership concept can be used to describe his leadership. Transactional leaders are very inspirational and will always ensure that employees work towards achieving set goals and targets.

Transactional leaders take the responsibility of role clarification to ensure that employees are comfortable when they are carrying out their duties. In a transactional leadership approach, employees are expected to comply with company policies and other directives from the company leadership. Remunerations and promotions are based on performance in a transactional approach.

Kamprad is known to use a transactional approach to run his company. Kamprad has a tendency of influencing the assumptions and attitudes of his employees which is an element of transformational leadership. In a transformational approach, leaders work towards building commitment and trust to ensure that the company meets its goals and objectives.

This kind of approach can only be implemented by a very influential leader like Kamprad. Kamprad has always had a profound effect on his employees by encouraging them to work towards improving the organization.

The main objective of transformational leadership is to improve the performance of employees. Kamprad gives his employees the freedom to question his opinions and this makes him a transformational leader.

The charismatic concept of leadership is based on the ability of a leader to have a significant influence on his or her followers by demonstrating exceptional qualities.

There are certain traits and behaviors that are associated with Kamprad that qualify him to be a charismatic leader. To begin, Kamprad likes doing things differently in order to meet customer needs . A charismatic leader is always interested in making things better by supporting radical changes within an organization.

Kamprad is a very innovative leader who always comes up with new ideas that help his company to achieve its mission

Kamprad is always confident about his vision for the company and tries his level best to ensure that his employees are always motivated. Transactional, transformational and charismatic concepts of leadership constitute an authentic leader. Kamprad can be described as an authentic leader because he has a mix of all the qualities that are needed to run a multinational company like IKEA.

3 0
3 years ago
If a bank has excess reserves of $10,000 and demand deposit liabilities of $80,000, and if the reserve requirement is 20 percent
Svetlanka [38]

Answer:

c. $26,000.

Explanation:

The computation of the actual reserve is as follows:

Actual reserve is

= Reserve requirement + excess reserve

= $80,000 × 20% + $10,000

= $16,000 + $10,000

= $26,000

hence, the actual reserve is $26,000

Therefore the correct option is c.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

8 0
3 years ago
Other questions:
  • To show the symbol for the euro instead of the dollar sign, change the ____ property for the field whose data type is currency.f
    10·1 answer
  • How many units would have to be sold to yield a target operating income of​ $26,000, assuming variable costs are​ $27 per​ unit,
    6·1 answer
  • Imagine that "XPatriot" is a U.S.-based company that is expanding operations in South America. When determining which employees
    5·2 answers
  • 1. Under the system of awarding damages for bodily injury, death, or damage to property based upon the negligence of a driver, v
    14·1 answer
  • On January 1, Avers Co. borrowed $10,000 cash from Main St. Bank by signing a 60-day, 8% interest-bearing note. On March 1, Aver
    5·1 answer
  • Tyler returned $500 worth of merchandise within the discount period. The entry to record the return is which of the following?
    8·1 answer
  • What ingredients you can use to make juice if sugar has finished.​
    12·1 answer
  • My question is how much do you love Jesus
    11·1 answer
  • (02.10 LC) What strategy works best to get out of a rut?
    11·2 answers
  • Mutual aid agreements
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!