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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

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A state of equity is present when?
Helga [31]

Answer:

A state of Equity is present when there is a fair condition and just inclusion into a society.

Equity exists when those who have been most neglected have equal access to opportunities, power, participation and resources available. They also have good sources to safe, healthy, productive and fulfilled lives.

6 0
3 years ago
Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows. Sal
Damm [24]

Answer:

Total Break even sales = 154,000  units

Lawnmowers ($154,000 × 20%) = 30,800 Units

Weed-trimmers ($154,000 × 50%) =  77,000 units

Chainsaws ($154,000 × 30%) = 46,200 Units

Explanation:

As per the data given in the question,  the computation is shown below:

Weighted contribution margin = Contribution margin × Sales mix

= (0.2 × 30) + (0.5 × $21) + (0.3 × $39)

= $28.2

Now, Total break even sales = Fixed cost  ÷ Weighted contribution margin

= $4,342,800 ÷ $28.2

= 154,000  units

So classifications are as follows

Lawnmowers ($154,000 × 20%) = 30,800 Units

Weed-trimmers ($154,000 × 50%) =  77,000 units

Chainsaws ($154,000 × 30%) = 46,200 Units

We simply multiplied the total break even sales with each sales mix

7 0
3 years ago
An important skill for the beginning home inspector is
aksik [14]
Its to be able to identify the problems in a certain house or on what ever you are inspecting

7 0
3 years ago
Bunyan Heavy Equipment, a U.S. firm, is investigating expanding into Russia using a greenfield venture. The committee researchin
adoni [48]

Answer:

All of these are valid concerns and very relevant indeed, but the most problematic situation would be:

D) Russia's recent actions to gain state control of private firms' assets.

Explanation:

Russia is perceived as a very corrupt state, I don't live in Russia so I can't be 100% sure. Russian leaders are famous for being multi-billionaires that used to be communists, sounds weird.

The problem with Russia is that when their leaders want a private company they just take it away from its rightful owner and many times when the rightful owners complain they are sent to prison and beaten up to death. This may sound crazy but it happened several times including Russia's largest private company Yukos in 2003. Its owner whose last name is Jodorkovski was sent to prison for about 10 years, and its CFO was beaten to death while being held in a Siberian prison.

4 0
3 years ago
The Club Auto Parts Company has just recently been organized. It is expected to experience no growth for the next 2 years as it
Ratling [72]

Answer:

P1=$8.43

Explanation:

D1= 0.5\\D2=0.5\\D3=D2(1+g3) = 0.5(1.05)=0.525\\D4=D3(1+g4) = 0.5(1.05)(1.1) =0.5775\\

The value of the stock is equal to the present value of all cash-flows expected from holding the stock. At the end of year 1, the value of the stock is found by calculating the present value of the remaining dividends i.e D2, D3, D4, D5 etc till infinity.

Therefore price equalsP1=\frac{D2}{1+ke} + \frac{D3}{(1+ke)^{2} }  +\frac{D4}{(ke-g)(1+ke)^{3} }

given the values of Dividends calculated above and ke= 15% :

P1=\frac{0.5}{1.15^{1} } +\frac{0.525}{1.15^{2}} +\frac{0.5775}{(0.15-0.1)(1.15^{3} } = $8.43

7 0
3 years ago
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