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seraphim [82]
3 years ago
12

Mary buys a new toaster for $500. the toaster's label bears a disclaimer stating that the manufacturer is not liable for consequ

ential damages. one morning while mary is using the toaster, it emits sparks and damages the electrical wiring in the kitchen. the electrician tells mary that the toaster malfunctioned and that the cost of repairs in her kitchen would amount to $2,000. what amount of monetary damages can mary likely recover from the manufacturer of the toaster
Business
1 answer:
Damm [24]3 years ago
5 0

Answer:

The answer is<u> "$500".</u>

Explanation:

The amount of monetary damages Mary can likely recover from the manufacturer of the toaster is $500, because the disclaimer label on the toaster clearly states that, the manufacturer company is not liable for consequential damages. The damage of the electrical wiring in the kitchen refers to consequential damage because it is not the direct result of the damage of toaster but it is due to the spark in the toaster.

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20. Sam and Abby are dependents of their parents, and each has income of $2,100 for the year. Sam's standard deduction for the y
denis23 [38]

Answer: The difference is because after the deduction from one dependent, then the standard deviation of the other dependent will be the income that was earned plus $350.

Explanation:

From the question, we are informed that Sam and Abby are dependents of their parents, and each has income of $2,100 for the year. We are further told that Sam's standard deduction for the year is $1,100, while the standard deduction for Abby is $2,450.

It should be noted that the income of $2100 attributed to Sam is an unearned income and in such scenario, he's allowed a minimum standard deduction of $1100.

The $2100 that Abby has is an earned income, therefore her standard deduction will be her eabee income plus $350. This will be:

= $2100 + $350

= $2450

7 0
3 years ago
Suppose Bulgaria produces only smartphones and trucks. The resources that are used in the production of these two goods are spec
Arlecino [84]

Answer:

The correct answer is decrease.  

Explanation:

The cost of opportunity represent the benefits that you misses out on when choosing one alternative over another.  

In this case, the cost of opportunity is making smartphones and because of  the shape of Bulgaria’s PPF should reflect the fact that as Bulgaria produces more trucks and fewer smartphones,  the opportunity cost will be weaker. Bulgaria can´t produce only smartphones, you have to make more trucks than smartphone. So that will be a reason to prefer making trucks over smartphones ( the cost opportunity looses power)

3 0
3 years ago
why is accurate "self-classification" of items and equipment involved in a research activity, crucial to export compliance?
vovikov84 [41]

Self-classification allows me to determine if the items or technologies involved in my research are listed on either the USML or CCL, and I cannot comply with export controls until I determined which requirements apply to the research activity.

<h3>What is Technology?</h3>
  • Technology is the end result of accumulated knowledge and application of techniques, approaches, and procedures utilized in manufacturing and academic research.
  • With or without in-depth knowledge of their function, technology is ingrained in the operation of all machinery and electronic gadgets for an organization's intended purpose.
  • System-based technologies make up society's technologies.
  • When a system is in operation, it takes an input, modifies it through a known process, and then generates an output that serves the system's intended function.
<h3>What role does technology play?</h3>
  • Information technology is crucial in our lives because it makes dealing with the unpredictable aspects of daily life easier.
  • Technology provides a variety of methods to promote development and information exchange.
  • IT aims to accomplish both of these objectives in order to simplify tasks and find solutions to numerous issues.

Learn more about technology here:

brainly.com/question/9171028

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6 0
1 year ago
What do you expect the level of implied demand uncertainty to be for jasmine rice produced by Thailand at a supermarket? Explain
Tju [1.3M]

Answer:

Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.

Explanation:

Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.

  1. It is related to customer needs & product attributes.
  2. The level of implied demand uncertainly of jasmine rice is low, because the demand& supply of jasmine rice is predictable
  3. The jasmine rice has low contribute margin, accurate demand forecasts, low stock out rates and virtually no markdown.
  4. These characteristics match well with Fisher’s chart of characteristics for product with highly certain demand.
4 0
4 years ago
The country of Leverett is a small open economy. Use the information provided below to answer the following questions about nati
oee [108]

Answer:

Explanation:

When Leverett's exports became less popular, its savings, Y-C-G does not change. Reason being that, it is assumed that Y depends on the amount of capital and labour, consumption depends only on disposable income and government spending is a fixed extrinsic variable.

Since investment depends on interest rate, and Leverett is a small open economy that takes the interest rate as given, thus investment also does not change . Neither does net export change (This is shown by the S-I curve in the attachment).

The decreased popularity of Leverett's exports leads to an inward shift of the net export curve inward. At the new equilibrium,net exports remains unchanged, though the currency has depreciated.

Leverett's trade balance remained the same, despite the fact that its exports are less popular, this is due to the fact that  the depreciated currency provides a stimulus to net exports which overcomes the unpopularity of its exports by making them cheaper.

b. Leverett's currency now buys less foreign currency, thus traveling abroad  becomes more expensive. This is an instance showing that imports (including foreign travel) have become more expensive- as required to keep net exports unchanged in the case of decreased demand for exports.  

8 0
4 years ago
Read 2 more answers
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