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mash [69]
3 years ago
14

Under the Uniform Commercial Code (UCC), a seller’s obligation actually goes beyond just delivering conforming goods. The seller

must deliver the goods in a manner that matches the contract terms in every respect. This is known as the _____.a. mirror image ruleb. seasonable notice rulec. knockout ruled. perfect tender rule
Business
1 answer:
Illusion [34]3 years ago
6 0

Answer:

d. perfect tender rule

Explanation:

Perfect tender rule -

It refers to the rule or the condition , according to which the buyer of any goods or services has the legal right to confirm that the product meet all the quality standards in all respect is referred to as perfect tender right .

The rule is give so that the buyer does not receive any defective , fa;uty or fake goods and services .

Hence , from the given scenario of the question ,

The correct option is  d. perfect tender rule .

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Mark owns a stamp collection that he is considering getting insured. Over the course of a year it will cost him $500 to keep his
Ugo [173]

Answer:

EV = -$400

The expected value of buying the insurance policy is -$400

Explanation:

Expected value of buying the insurance policy;

EV = expected benefits - insurance cost

EV = xE - C

chances of collection being damaged x = 10% = 0.1

Insurance cost C = $500

Benefit E = $1000

Substituting the values;

EV = 0.1 × 1000 - 500 = 100 - 500

EV = -$400

The expected value of buying the insurance policy is -$400

5 0
4 years ago
Three important forms of financing long-term (capital) expenditures are:
Sergeeva-Olga [200]

Answer:

O d. term loans, mortgage loans, and bonds

Explanation:

Term loans are credit facilities where the lender and borrower agree on the loan amount and a repayment schedule. It involves a large sum of money to be repaid over a long period making it ideal for acquiring capital.

Mortgage loans are long term debts used to finance the purchase of properties. It is ideal for expensive capital due to the lengthy time it takes to repay.

Bonds are long-term debt securities issued by corporations to finance long term projects.

4 0
3 years ago
Leaders should do all of the following to promote ethical policies in their organizations except:
jek_recluse [69]

Answer:

A

Explanation: be available to help employees and solve ethical problems.

7 0
4 years ago
The common belief among economists is that it is better to embrace _____________, and then deal with the costs and trade offs wi
timama [110]

Answer: the gains from trade; protectionism

Explanation:

The common belief among economists is that it is better to embrace the gains from trade, and then deal with the costs and trade offs with other policy tools, than it is to engage in protectionism.

Economists believe that when countries engage in trade together, it brings about increase in the world's output, better innovation and better product quality hence, they do not really support protectionism.

6 0
3 years ago
Doon Company incurred the following costs while producing 580 ​units: direct​ materials, $ 5 per​ unit; direct​ labor, $ 29 per​
Dominik [7]

Answer:

$22,040

Explanation:

The operating income using absorption costing is find out by using the following equation

Sales revenue                        $69,600    (580 units × $120)

Less:

Direct material cost               $2,900    (580 units × $5)  

Direct labor cost                    $16,820    (580 units × $29)  

Variable manufacturing overhead $5,800    (580 units × $10)  

Fixed manufacturing overhead     $12,180

Variable selling and admin cost $1,740    (580 units × $3)  

Fixed selling and admin cost      $8,120

Operating income using absorption costing   $22,040

We simply deduct the all cost from the sales so that the operating income under absorption costing could come

3 0
3 years ago
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