Question:
An express warranty is created when a seller:
A) makes an affirmation of fact or promise concerning the goods that becomes part of the basis of the bargain.
B) uses descriptive terms as a part of the bargaining process, but the buyer does not take it into consideration when making the purchase.
C) sells goods meant for use for ordinary purposes.
D) avoids using a sample or model as the basis for the contract.
Answer:
The correct choice is A)
An express warranty is created in the contract when a supplier makes a promise concerning the goods that the buyer can hold on to as an incentive to purchase the product.
Explanation:
For example, if a consumer buys a Laptop online, but when it arrives the item is the wrong specifications, wrong color, or is dented or damaged in anyway, an <em>express warranty</em> might entitle the consumer to a refund or replacement.
This warranty usually is stated upfront prior to or during the execution of the sales transaction.
Cheers!
Answer:
Annual demand(D) = 12,000 units
Ordering cost(Co) = $25
Holding cost(H) = $15
EOQ = 2DCo/H
EOQ =√ 2 x 12,000 x $25
15
EOQ = 200 units
Explanation:
EOQ is equal to the square root of 2 multiplied by annual demand and ordering cost divided by holding cost.
Answer:
30,000 units
Explanation:
we can use the economic order quantity formula:
EOQ = √(2SD/H)
where:
- S = order cost (per purchase order) ≈ production run cost = $900
- D = demand in units (annual basis) ≈ production requirement = 1,500,000 units
- H = holding costs (per unit, per year) = $3 per item, per year
EOQ = √[(2 x $900 x 1,500,000) / $3] = 30,000 units
Answer:
e. None of the above
300 customers per week
Explanation:
The computation of weekly capacity of the cashier operation is shown below:-
4 Cashiers managed to deliver 40 customers an hour production to the beggars.
So, for 1 cashier the capacity will be 10 customers per hour.
Now, in a week of 5 days and 6 hours per day,
we have a total of 30 hours
The one single cashier the capacity will be
Capacity =Total hours × Customer per hour
30 × 10
= 300 customers per week
Therefore option is not available
Answer:
why do people feel more compelled to work with a leader who demonstrates responsibility?
People feel more compelled to work with a leader who demonstrate responsibility because such leader leads by example as a matter of fact most people are always ready to work without being forced to as a result of act of willingness displayed by such leader
Explanation: