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Crank
3 years ago
8

Ralph Walters wanted to begin an exercise program and decided to enroll in a local aerobics class. He was told that he would nee

d proper aerobic work-out shoes. Ralph went to an athletic shoe store and explained his needs to the sales clerk and also added that since he had never done aerobics, he was unsure what type of shoe he would need. The sales clerk recommended a shoe that Ralph purchased. When Ralph arrived at aerobics class, his instructor said his shoes were not appropriate for aerobics and that Ralph might injure himself if he used them for the workout. When Ralph returned to the store with the shoes, the store refused to exchange them, citing the three-day limitation on returns. The shoe store: a. is within its rights to refuse to take the shoes back. b. has breached the implied warranty of fitness for a particular purpose and is required to refund Ralph's money or exchange the shoes. c. has not breached any warranty since Ralph had no contract with any promises written in it. d. none of the above
Business
2 answers:
sdas [7]3 years ago
7 0

Answer:

The shoe store b.) Has breached the implied warranty of fitness for a particular purpose and is required to refund Ralph's money or exchange the shoes.

Explanation:

In Contract law, an implied is a presumed assurance made in the sale of products or real property, due to the circumstances of the sale.  

These assurances are based on the interaction between the buyer and the seller characterized as warranties irrespective of whether the seller has expressly promised them orally or in writing.  

They include:

• An implied warranty of fitness for a particular purpose,

• An implied warranty of merchant-ability for products,

• An implied warranty of workmanlike quality for services, and  

• An implied warranty of habitability for a home.

An implied warranty of fitness for a particular purpose is a warranty implied by law that if a seller knows or has reason to know of a particular purpose for which some item is being purchased by the buyer, the seller is guaranteeing that the item is fit for that particular purpose.

SpyIntel [72]3 years ago
3 0

Answer:

The shoe store is within its rights to refuse to take the shoes back.

Explanation: If Charles had returned the shoe within the 3days of purchase the shoe store would have made an exchange for another shoe or refund His money.

.returning is the process of a customer taking previously purchased merchandise back to the retailer, and in turn, receiving a cash refund, exchange for another item (identical or different), or a store credit.

For example, You are entitled to either a refund, a repair or a replacement item if something you've bought turns out to be faulty, depending on when it was bought. "If you change your mind, however, you can only get a refund in certain circumstances - for example, if you bought it online and return it within 14 days.

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Alecsey [184]

Answer:

The correct answer is B: the jobs produced during the period have been under-costed

Explanation:

Giving the following information:

If manufacturing overhead has been under-allocated during the period, then which of the following is true?

(a) the jobs produced during the period have been over-costed

(b) the jobs produced during the period have been under-costed

(c) the jobs produced during the period have been costed correctly

(d) none of the above

When manufacturing overhead has been under-allocated means that the actual costs incurred where superior that the estimated cost for the period.

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3 years ago
Explain how each of the following situations would affect a nation's production possibilities curve. a. A law is passed whichmak
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Answer:

a. The production possibility curve(PPC) moves up and to the right because of increase in human skills resulting in enhanced production and output.

b. Due to bumper crop PPC moves up and to the right.

c. Due ton increased workers entering into the country PPC moves up and to the right ( increased output)

d. The workers are already unemployed hence it does not shifts PPC

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6 0
3 years ago
Social commerce is ______. Multiple choice question. browsing for or trying a product in a physical store but buying it online a
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Answer:

D. the use of social networks for browsing and buying products

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A. browsing for or trying a product in a physical store but buying it online

B. advertising within social networks to promote goods and services

C. recommending a product to a personal connection in exchange for a discount

D. the use of social networks for browsing and buying products

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Commerce means means the exchange of goods and services between the seller and the buyer.

Social means the gathering where people of different ages, cultures gets to meet each other. There different social networks where people meets on the internet.

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When the U.S. 2008 recession began, the trade deficit increased.

When net exports increase, GDP increases.

Trade deficit is when the import of an economy is greater than the export of the economy. Import are goods that are bought from foreign countries. Export are goods that are sold to foreign countries. As at August 2021, trade deficit in the United States was  $73.3 billion. This is higher than the forecasted amount of $70.5 billion.

During the 2008 recession, trade deficit increased by 3% to $920.7 billion.  One of the reasons for this was the increase in the price of crude oil which is a major consistent of import of the United States.

GDP calculated using the expenditure approach is : consumption + government spending + business spending + net export.

Net export = export - import.

If net export increases, GDP increases.

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7 0
3 years ago
Stella and Matt went to the mall. While there they passed a Vans store, Nike’s store, New Balance store, and Adidas store. Matt
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Answer:

Monopolistic Competition

Explanation:

In Monopolistic Competition, there are many buyers and sellers. Firms do not have full control over prices, but take the market prices as a benchmark, and can charge a slightly lower or higher price depending on the product they offer.

Products are not perfect substitutes, they have some grade of differentiaton, and buyers have access to information, and can easily compare products and suppliers.

This type of market it's typical of crowded, competitive economic sectors such as retail, including clothing stores, restaurants, and shoe stores.

6 0
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