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
babunello [35]
4 years ago
8

The UCC imposes a guarantee that the goods offered by the seller are reasonably fit for the general purpose for which they are s

old. This is referred to as: a. Puffing b. An express warranty c. An implied warranty of merchantability d. An implied warranty of fitness for particular purpose
Business
1 answer:
bekas [8.4K]4 years ago
4 0

Answer:

The correct answer is (C)

Explanation:

The uniform commercial code is an article that addresses the contract of sales. The UCC code has excellent benefits for both sellers and buyers. This contract makes sure that the general purpose of a good or service is filled. This code or an article implies a warranty of merchantability. This warranty is entirely analysed by examining the use of a commodity and how it fulfils the purpose.

You might be interested in
Q 3.53: During the month of August, Jackson Products recognizes $15,000 in revenues. Jackson's accounting staff records these re
soldi70 [24.7K]

Answer:

This journal entry is incorrectly recorded making the company's net income decrease in its income statement, retained earnings are decreased in its retained earnings statement, and its assets (receivable account) and the equity of its shareholders both decrease in your balance sheet

Explanation:

The right Journal entry is:

D Account receivable          15000

C Revenue                                            15000

4 0
3 years ago
Which of these situations are more likely to happen in a GOOD economy?
jeyben [28]

Answer:

I think

B. Carlos was able to finish a design bootcamp and

interview at many companies until he finds the job he likes

best.

8 0
3 years ago
Assume that the market for pencils is perfectly competitive. The market equilibrium price is $0.50 and Perry's Pencil Company ha
Nata [24]

The marginal revenue is $0.5 which is being earned if the company sells one more pencil.

<h3>What is total revenue?</h3>

Total revenue is the amount being obtained by the firm after selling the goods and services in the market.

Given values:

Quantity sold: 10,000 units

Marginal quantity: 10,001 units

Equilibrium price: $0.50

Computation of marginal revenue earned:

\rm\ Marginal \rm\ revenue=\frac{ \rm\ Additional \rm\ revenue-\rm\ Total \rm\ revenue}{\rm\ Total \rm\ quanitiy - \rm\ Additional \rm\ quantity} \\\rm\ Marginal \rm\ revenue=\frac{ 10,001 \times\ \$0.50 - 10,000 \times\ \$0.50}{10,001-10,000} \\\rm\ Marginal \rm\ revenue=\frac{\$5,000.50-\$5,000}{1} \\\rm\ Marginal \rm\ revenue=\$0.50

Therefore, when the company sells one more pencil then it earned a marginal revenue of $0.50.

Learn more about the marginal revenue in the related link:

brainly.com/question/13563292

#SPJ1

6 0
2 years ago
FILL IN THE BLANK. The manager of a(n) ______ center does not have control over revenue or the use of investment funds.
irina1246 [14]

Answer: the correct answer would be <u>Profit center.</u>

Explanation:

hope this helps

7 0
1 year ago
On February 1, 2020, Bonita Industries purchased a parcel of land as a factory site for $328000. An old building on the property
Volgvan
I think is b I hope this helps
3 0
4 years ago
Other questions:
  • What is one disadvantage to consumers of a rebate offer?
    15·2 answers
  • The Up-Towner has sales of s913,400, costs of goods sold of $79,300, inventory of $187400, take the firm to sell its and account
    12·1 answer
  • According to Harvey MacKay, a goal is a dream with?
    15·2 answers
  • On January 2, 2020, Warner Co. purchased 40% of Kyle Co.’s outstanding common stock. The carrying amount of Kyle's depreciable a
    11·1 answer
  • Elle Inc. is a firm that holds frequent reviews and feedback sessions for its employees. It demands that the same person should
    11·1 answer
  • One commonly used relative unit is the ____ unit.
    15·2 answers
  • Franklin Aerospace has a quick ratio of 2.00x, $36,225 in cash, $20,125 in accounts receivable, some inventory, total current as
    12·1 answer
  • A divorced woman with 2 young children has just re-entered the workforce part time and earns $3,000 from this work. She collects
    12·1 answer
  • 17. Which of the following is an example of sources of funds?
    14·1 answer
  • Dawson Electronic Services had revenues of $106,000 and expenses of $63,000 for the year. Its assets at the beginning of the yea
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!