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
olya-2409 [2.1K]
3 years ago
14

Seller, a Chicago business, sent a shipment of tractor parts to Buyer, a Detroit business, under a contract that read: "F.O.B.Ch

icago, Illinois." The parts were not those specified in the contract and Buyer rejected them. A few hours after Buyer notified Seller of the rejection, the parts were destroyed in a fire at Buyer's place of business. Which of the following best states the rights and duties of Buyer and Seller in this situation?a. Buyer has the risk of loss because this was a shipment contract.b. Buyer rightfully rejected the tender, but risk of loss did not pass to Seller again until Seller regained physical possession of the goods.c. Seller has the risk of loss because this was a destination contract.d. Seller has the risk of loss because the tender was non-conforming, but only to the extent that Buyer's insurance does not cover the loss.
Business
1 answer:
Vera_Pavlovna [14]3 years ago
6 0

Answer:

D. Seller has the risk of loss because the tender was non-conforming, but only to the extent that Buyer's insurance does not cover the loss

Explanation:

You might be interested in
In a practical sense, the best size for a team is:A. between two and twenty-five members.B. five or fewer people.C. determined b
natali 33 [55]

C is the correct answer because it really varies depending on the game.

3 0
3 years ago
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 50 per
katovenus [111]

Answer:

Explanation:

Forecast usage = 50 %

Actual Usage = 52%

smoothing constant = 0.10

⇒ 50 + 0.10 (52 - 50)

⇒ 50 + 0.10 (2)

⇒ 50 + 0.2 = 50.20

8 0
3 years ago
Airborne Airlines Inc. has a $1,000 par value bond outstanding with 10 years to maturity. The bond carries an annual interest pa
yanalaym [24]

Answer:Yield to maturity is 9.59%;  After tax cost of debt =7.672%

Explanation:

 A)   Yield to maturity ={ C + (FV-PV)/t} /  {(FV +PV)/2}

Where C – Interest payment    = $90

FV – Face value of the security

= $1000

PV – Present value/curent market value = $960

t – years it takes the security to reach maturity= 10 years

imputing the values and calculating,

yield to maturity ={ C + (FV-PV)/t} /  {(FV +PV)/2}

= $90 + (1000-960)/10} / 1000 + 960 /2

$90 + 4= $94 /980= 0.0959

therefore Yield to maturity is 9.59%

B)   After tax cost of debt =    Yield To Maturity  x (1 - tax rate)

=9.59% x (1-20%)= 9.59% x (1-0.2 )= 9.59% x 0.8 =

9.59 % x 80%=7.672%

4 0
3 years ago
Countries with more economic freedom during the past quarter of a century had a lower average per capita GDP.a. Trueb. False Cou
Sphinxa [80]

Answer:

a<u>.False.</u>

a<u>.True.</u>

Explanation:

It is correct to say that a country with more economic freedom during the last quarter of a century had a higher average GDP per capita than other countries with less freedom, this is due to the fact that the greater the economic freedom, the greater the economic growth of the country, which generates an increase in the country's productive capacity, increases demand, supply, the level of employability, the purchasing power of the population, which, integrated, these factors correspond to the increase in the country's quality of life, which increases the GDP per capita.

7 0
4 years ago
A firm's cash flow from financing activities includes: Select one: A. Cash paid for merchandise purchased B. Cash received from
iragen [17]

Answer:

A firm's cash flow from financing activities includes:

D. Cash paid to reacquire treasury stock.

Explanation:

The cash paid to reacquire treasury stock is a financing cash outflow.  It reduces the cash inflow from financing activities and forms part of the financing activities of the company under the Statement of Cash Flows.  In this financial statement, cash flows are classified into three main groups or activities: operating activities, investing activities, and financing activities.  This classification helps to define the source of the cash flow.

6 0
3 years ago
Other questions:
  • Which of the following is the best example
    10·1 answer
  • As competition increases, businesses find greater opportunities for successTrue or false?
    8·1 answer
  • The standard cost card for a product indicates that one unit of the product requires 8 kilograms of a raw material at $0.80 per
    6·1 answer
  • A CSR should not use email, newsletters, managers and other
    7·1 answer
  • SEC rule 415 allows "Shelf Registration." This permits one registration statement to cover all securities to be issued during th
    8·1 answer
  • Kirby just inherited $250,000. He would like to hire a financial advisor to provide financial advice and to manage the inheritan
    9·1 answer
  • As a financial manager for WillPower, Inc, you have the following information: a) The company follows a residual dividend policy
    13·1 answer
  • In preparing its bank reconciliation for the month of April 2018, Coronado, Inc. has available the following information. Balanc
    5·1 answer
  • leverage is a financial technique used to determine to what extent fixed costs are used relative to variable costs.
    6·1 answer
  • Why the economy sees business cycle fluctuations rather than slow, smooth growth is a central issue of ______.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!