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
tamaranim1 [39]
3 years ago
8

Delores Bierlein paid a $200 deposit toward the rental of the Silver Room at Alex's Continental Inn for her wedding reception. L

ater, Delores canceled the reception because her fiance was transferred from Ohio to New York. The inn refused to refund Delores's deposit. The consumer protection law of that state requires suppliers to furnish receipts when they receive deposits. Delores was not given a receipt for her $200 deposit. When she sued for the return of the $200 deposit, the question arose as to whether this transaction fell within the consumer protection law. Do you think it does? Explain.
Business
2 answers:
Ipatiy [6.2K]3 years ago
8 0

Answer: The case does not fall within Consumer Protection law

Explanation:

The transaction doesnot fall within the consumer protection law. There is a binding Contract between Alex's Continental and Delores Bierlein. Alex's Agreed to provide Delores Bierlein with the Use of the Silver and return for Payment. Alex's Continental Inn has not breached this contract because they did not deny Delores Bierlein her Right to use Silver room.

The receipt clause that is stipulated by the Consumer protection law, it is there to protect the customer /Client int the case where the supplier denies receiving payments from the customer. Alex's Continental doesnot deny receiving $200 from Delores Bierlein, They acknowledge the deposit of $200 she Made. The issue of not receiving the receipt is not relevant in this case.

The Case here is not the issue of a supplier denying payment which that would fall with in the Consumer protection law, Alex's Continental Inn  Acknowledges all Payments made ($200 deposit). The real Issue is the fact that Delores Bierlein wants her deposit back.

Venues for hire usually have a no refund Policy, meaning a No refund policy on deposits is a common policy in the business of venue rentals    simply because when you book a venue the reserve the the venue for you even if another person wants to book they are legally obliged to hold the venue for you.  

Assuming Delores Bierlein was aware of the No refund policy, Alex's Continental did not deny her the use of the Silver, they are well within their right to refuse paying back refund.

sweet-ann [11.9K]3 years ago
3 0

Answer:

It does not

Explanation:

In this question, we are asked to evaluate if a particular transaction carried out between a customer and an inn falls within the dictates of the local consumer protection law in the state.

Firstly, we look at what the local consumer protection law of the state talks about. It explicitly stated that customers should get receipts when suppliers receive deposits from them. Thus, this make the receipt act as the first thing to have if there would be any claim under the consumer protection law for the transaction carried out in the state.

Now, looking at the particular scenario we have, the customer paid for the room, but he was not issued a receipt. This makes the case not treatable within the consumer protection law of the state as the receipt which should have been a prerequisite for further exploration is not available

You might be interested in
On December 1, Year 1, Jack’s Snow Removal Company received $6,000 of cash in advance from a customer and promised to provide se
AVprozaik [17]

Answer:

Increase Revenue, Decrease Liability

Explanation:

On December 1, They have recognized a liability of $6,000

with the journal entry:

(DR) Cash                $6,000

(CR)   Unearned Revenue       $6,000

Now, on December 31 let's assume that the expiration is an exact

per month division of $2,000 ($6,000 / 3 months)

The adjusting entry would be:

(DR) Unearned Revenue     $2,000

(CR)      Service Revenue             $6,000

The first effect is clear, there is an Increase in Revenue since  

the company have rendered the services.

Now, the second effect is that the Liabilities have decreased

because of the debit to "Unearned Revenue" which is a liability.

4 0
3 years ago
A contingent liability which should be disclosed on the balance sheet but does not require footnote disclosure. (true/false)
expeople1 [14]

A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability.

<h3>What is contingent liability?</h3>

A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability. Contingent liability can take the form of pending investigations, product warranties, and potential lawsuits. Liabilities that may be incurred by a company dependent on the result of an uncertain future event, such as the result of an ongoing lawsuit, are known as contingent liabilities.

When they are both probable and reasonably estimable as a "contingency" or "worst case" financial consequence, these obligations are not recorded in a company's records and are not displayed on the balance sheet. The kind and size of the contingent liabilities may be described in a footnote to the balance sheet. It is feasible to categories a loss's possibility as remote, improbable, or probable.

To learn more about contingent liability refer to:

brainly.com/question/17371330

#SPJ4

4 0
2 years ago
Jojo drives a truck for a living but is attending Ashford to earn a degree in business administration because what he really wan
bixtya [17]

Answer:

The correct answer is letter "A": Wait until he enters an area with an available wired network.

Explanation:

It is common that while driving on the road there might be some areas where internet connection can be lost because the antennas of the service provider our mobile lines work with are not nearby. Then, just like in Jojo's case, we should wait to enter into an area where there is enough signal so we can use our mobile internet as usual.

5 0
3 years ago
Find an equation of the line slope 2/3; through (-6,3)
Minchanka [31]
If you are given a point and the slope, use the point-slope formula.
m = 2/3
(x₁, y₁) = (-6, 3)

y - y₁ = m(x - x₁)

y - 3 = 2/3(x + 6)
y - 3 = 2/3x + 12/3
y - 3 = 2/3x + 4
y = 2/3x + 1

The equation of the line is y = 2/3x + 1.

4 0
4 years ago
Suppose a three period weighted average is being used to forecast demand. Weights for the periods are as follows: 0.1, 0.4 and 0
nika2105 [10]

Answer:

$143

Explanation:

The computation of the demand forecast is shown below:

= Weightage × demand observed + Weightage × demand observed +  Weightage × demand observed

= 0.1 × 120 + 0.4 × 140 + 0.5 × 150

= $12 + $56 + $75

= $143

Basically we multiplied the weighatge with its demand observed so that the demand forecast could come

7 0
3 years ago
Other questions:
  • Which of the following suggestions for integrating graphics in a report is the most accurate?
    10·1 answer
  • Over the past decade, household debt has
    10·2 answers
  • Complete the statement using the correct term.
    15·1 answer
  • If a firm's expected growth rate increased then its required rate of return would
    15·1 answer
  • Davidson offers several solutions to the major issues, stating that fiscally we are actually not a nation that is divided on the
    9·1 answer
  • The Rasputin Brewery is considering using a public warehouse loan as part of its​ short-term financing. The firm will require a
    9·1 answer
  • Which of the following is NOT a benefit of a social media presence for a brand? Group of answer choices Social media allows comp
    10·1 answer
  • What are the four steps you can take if you are at risk of becoming unemployed
    10·1 answer
  • A measure of risk-adjusted performance that is often used is the Sharpe ratio. The Sharpe ratio is calculated as the risk premiu
    15·1 answer
  • What step is most important for sellers to focus on.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!