Answer:
The statement is not an express warranty, because it doesn't involve a negotiation of terms between Salazar and Mitsubishi. It is an employee of the company that imploy Salazar to bring the car should the car gives problem, and didn't involve an agreement between the two parties ( Salazar and Mitsubishi)
Explanation:
What is express warranty?
An express warranty arises from the parties’ negotiations in a sales transaction. Express warranties are often included in the written terms of a contract. An “express” warranty by a seller is created by:
Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.
Any description of the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the description.
Any sample or model, which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the sample or model.
An express warranty may be created even if the seller does not use formal words such as “warranty” or “guarantee,” and even if the seller does not have a specific intention to make a warranty. However, an express warranty is not created merely because the seller makes a statement as to the value of the goods, or as to seller’s opinion of the goods. Generally, statements made by a seller during the course of contract negotiations are treated as statements of fact, unless it can be shown that the buyer could only have reasonably considered the statement to be an opinion.
Answer:
The correct answer is C that is $354,000
Explanation:
The present earnings and the profit for the year 20X3 of the Corporation is computed as:
Present earnings and the profit for the year 20X3 of the Corporation = Taxable Income - Federal income tax - Entertainment expense + Deferred gain on sale of installment + Tax exempt income
Where
Taxable Income is $500,000
Federal income tax is $17,000
Entertainment expense is $2,000
Deferred gain on sale of installment is $25,000
Tax exempt income is $1,000
Putting the values in the above formula:
= $500,000 - $170,000 - $2,000 + $25,000 + $1,000
= $354,000.
Answer:
The answer is: Complementary goods and services
Explanation:
Complementary goods and services are used with another good or service. For example, sugar is complementary to coffee, fuel is complementary to cars, etc.
Usually when the price or the quantity demanded of a complementary good or service changes, the other complementary good will be affected.
In this question, we are told that restaurants and lodging facilities are complementary to beer. So if the price of beer decreases (increasing the quantity demanded), the demand for restaurants and lodges will increase.
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NO, he is wrong, because mandatory arbitration regulations are always enforceable.
The US supreme court has ruled that companies have the right to demand binding arbitration from their employees and that employees are bound to perform such arbitration.