<span>Assesses the attractiveness of an SBU's market and the strength of its position in the market.</span>
The example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract is:
b.) A toy company sells a defective rocket launcher that injures a young boy. The sales contract excludes responsibility for all consequential damages related to the sale of its products, so the company only agrees to refund the cost of the defective toy.
<h3>What is UCC for contract remedies for a seller's breach of contract?</h3>
Consumers have up to six years to raise concerns relating to breach of contract, even though the goods under the contract may not last up to this period. Therefore, the provision by the appliance manufacturer that buyers have a maximum of six months to raise concerns is inconsistent with the Uniform Commercial Code (UCC). The code sets the same comprehensive laws for all commercial activities in the US.
Thus, option "C" is correct.
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The correct answer would be the fourth option. An economist that studies the sales and profits of a certain corporation would be called a microeconomist. Instead of studying the economy of a nation as a whole, this economist is more focused on a specific company on how it affects the growth the economy and how the sales and profits changes.
Answer:
Newbill's labour rate variance
= (Standard rate - Actual rate) x Actual hours worked
= ($19.60 - $19.40) x 26,000 hours
= $5,200(F)
Actual rate
= <u>Actual payroll cost</u>
Actual hours worked
= <u>$504,400</u>
26,000 hours
= $19.40
Explanation:
Labour rate variance is the difference between standard rate and actual rate multiplied by actual hours worked. Actual rate is actual payroll cost divided by actual hours worked.
Answer: D - The protection afforded by the whole life insurance contract is permanent-the term never expires, and the policy never has to be renewed or converted.
Explanation: Whole life insurance is a contract between the insured and insurer of the life insurance policy in which the insurer will pay the death benefit of the policy to the policy's beneficiaries when the insured dies. It is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date.
A whole life insurance policy is said to "mature" at death or the maturity age of 100, whichever comes first. The maturity date will be the "policy anniversary nearest age 100". The policy becomes a "matured endowment" when the insured person lives past the stated maturity age.
