All categories

3 years ago

Which act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products?

2 answers:

7 0

The correct answer that would best complete the given statement above would be the term WARRANTY. "The Magnuson-Moss Warranty Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products". This is the act that directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products. Hope this helps.

koban [17]3 years ago

3 0

Answer: Warranty

"The Magnuson-Moss Warranty Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products

Explanation:

Warranty refers to a legal promise made by manufacturers in order to assure customers the quality of their product. It is usually in written form stating the terms of the guarantees, fix and repair of any damages, the service coverage of the products and so on. However, it specifies a particular period of time during which all these can be done which start from the date of purchase.

You might be interested in

Some economists argue that competitive price-searcher markets are inefficient because

inna [77]

Answer:

A competitive price-searcher market is a market where there are low entry or exit barriers, and the suppliers can determine the price of their products. Some economists believe that this type of market is inefficient because the suppliers are not able to sell enough output in order to minimize their average costs. Since the demand is very elastic in price searcher markets, any price change will cause a drastic change in the quantity demanded.

Price searcher markets share a lot of similarities with perfect competition markets, the main difference is that suppliers and consumers are not price takers. This means that any supplier can change their sales output by changing their price, which leads to greater competition.

8 0

3 years ago

You are evaluating the balance sheet for PattyCake’s Corporation. From the balance sheet you find the following balances:

goldenfox [79]

Answer:

Explanation:

Current Assets are those asset which will be liquidated within next one year.

cash and marketable securities $360,000

accounts receivable $1,280,000

inventory $2,180,000

Total Current Assets $3,820,000

Current Liabilities are those which is payable within next one year.

accrued wages and taxes $540,000

accounts payable $840,000

notes payable $680,000

Total Current Liabilities $2,060,000

Current ratio measures the capability of a business to pay the current liabilities if it becomes due.

Current Ratio = Current Assets / Current Liabilities = $3,820,000 / $2,060,000 = 1.85 times

5 0

3 years ago

There are numerous exceptions to the parol evidence rule, with perhaps the most common being when ________ evidence serves to cl

jeka94

The parol evidence rule has many exceptions, with possibly the most prevalent one being when oral evidence serves to clear up a(n) ambiguous part of an agreement.

More about the parol evidence rule:

The parol evidence rule is a principle of Anglo-American common law that controls the types of evidence that parties to a contract dispute may provide in an effort to ascertain the precise terms of the contract.

The parol evidence rule also prohibits parties who have reduced their agreement to a finalized written instrument from adding further evidence later on as proof of a different intent regarding the contract terms, such as the content of oral exchanges from earlier in the negotiation process.

Learn more about the parol evidence rule here:

brainly.com/question/15733971

#SPJ4

7 0

1 year ago

The reasons for using the variable-cost approach include all of the following except this approach provides the most defensible

Ber [7]

Answer:

The reasons for using the variable-cost approach include all of the following except

this approach provides the most defensible bases for justifying prices to all interested parties.

Explanation:

This is not part of the reasons for using the variable-cost approach. But options b, c, and d are certainly the reasons why the variable-cost approach is used. The variable-cost approach provides a differential analysis for decision-making. It assigns overhead costs to the period in which they are incurred, while other variable costs are assigned to the merchandise produced within that period. Thus, by excluding fixed manufacturing overhead cost, only the direct costs associated with production are used in accounting for the product's costs.

3 0

3 years ago

What should a person do if faced with a conflict between his or her ethical and social values and those of the organization?

charle [14.2K]

Answer:

The person should do whatever impacts his/her company or organization in a good way.

Explanation:

Sometimes facing ethical decisions could be hard, but usually in business everyone is selfish.

If you have any questions feel free to ask in the comments - Mark

Also when you have the chance please mark me brainliest.

6 0

3 years ago