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amm1812
3 years ago
8

N sees a demonstration in a department store of a new model hair dryer that dries hair in one minute. N is most interested in th

is because N is always in a hurry. The hair dryer that N buys takes five minutes to dry N's hair. Indicate the proper warranty made by the seller by using the demonstration.
Business
1 answer:
madam [21]3 years ago
7 0

Answer:

Oral warranty was used by the seller.

Explanation:

The scenario shows that the proper warranty made by the seller to win N’s interest was premised on need. That is to say, by demonstration, N walks into the departmental store and was immediately approached by the seller who begins by exchanging pleasantries and thereafter introduces the new product to N by specifically outlining its benefits as compared to previous models. All of this warranty was made orally and not written.

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Which of the following clauses states that full payment of damages to structures under the homeowners policy will be made only i
Andrews [41]

Answer: coinsurance clause

Explanation:

A coinsurance clause is a provision in the home insurance policy which requires the individual to carry coverage that is worth a certain percentage of the home's value. The failure to meet requirement will reduces the compensation after a loss.

Under the coinsurance clause, the insurance company will reimburses the value of damages to an insured asset for at least 80% of the replacement value of the asset. The reinsurance clause allows an insurer to take the reinsurance based on the original insurance.

3 0
3 years ago
_____ comes into play when a manager makes a decision with a bias weighing short-term costs and benefits more heavily than longe
Stolb23 [73]

Answer:

Discounting the future cash flows

Explanation:

The reason is that the future returns will devalue with money received because of the Inflation. The money received after some years will result in fall in its value. So the amount received after some year of an equal amount to the amount today will not be worth the same. So discounting of future value receipts helps in decision making in todays value.

6 0
3 years ago
On January 1, 2020, Blue Co. purchased 24,000 shares (a 10% interest) in Elton John Corp. for $1,300,000. At the time, the book
Len [333]

Answer:

$4,465,400

Explanation:

The investment in Elton in 2020                          $1,300,000

share of 2020 net income(10%*$690,000)               <u>$69,000</u>

ending balance of investment in 2020                 $1,369,000

Share of net income 6/30/21 ($480,000*10%)         <u>  $48,000</u>

ending balance of investment 6/30/21                   $1,417,000

Acquisition of investment 7/1/2021                        <u> $2,920,000</u>

Total amount of investment                                     $4,337,000

share of net income 12/31/2021($800,000*30%)       $240,000

Dividends received(48,000+24,000)*$1.55                <u>($111,600)</u>

balance of investment in Elton John Corp                <u> $4,465,400</u>

<u />

In computing the above value,at each point in time the share of Blue Co from net income earned by Elton john corp is added while any dividends received in cash is deducted.

8 0
3 years ago
A bakery sold apple pies for $11 and blueberry pies for $13. one saturday they sold a total of 38 pies and collected a total of
Nimfa-mama [501]
So first you know that if a is apple pies and b is blueberry that
$460=11a+13b in terms of price and you also know that the number
a+b=38
I solved that for either a or b (I chose a)
So
A=38-b
Them I plugged it in to the money equation to solve for b
460=11(38-b)+13b
460=418-11b+13b
460=418+2b
42=2b
B=21
Therefore you can do 38(total pies)-21(what b equals) to find the apple pies which would be 17 so a=17
Therefore the answer is B (17 apple and 21 blueberry)
5 0
2 years ago
Read 2 more answers
Stone Furniture Store has credit sales of $400,000 in 2008 and a debit balance of $600 in the Allowance for Doubtful Accounts at
AlekseyPX

Answer:

pm jvvjvvjvjvjkbkkvkkbbkkbbjjv

3 0
3 years ago
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