Answer:
d. All of these answers are correct.
Explanation:
A market economy is where production decisions are made by the forces of demand and supply. Means of production are privately owned .
The government intervenes in a market economy for all the above stated reasons.
I hope my answer helps you.
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The example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract is:
b.) A toy company sells a defective rocket launcher that injures a young boy. The sales contract excludes responsibility for all consequential damages related to the sale of its products, so the company only agrees to refund the cost of the defective toy.
<h3>What is UCC for contract remedies for a seller's breach of contract?</h3>
Consumers have up to six years to raise concerns relating to breach of contract, even though the goods under the contract may not last up to this period. Therefore, the provision by the appliance manufacturer that buyers have a maximum of six months to raise concerns is inconsistent with the Uniform Commercial Code (UCC). The code sets the same comprehensive laws for all commercial activities in the US.
Thus, option "C" is correct.
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Answer:
c
Explanation:
Sources that are located in the same city as the manufacturing plant through the use local employees, local suppliers and also helping locals and environment.
Answer:
b. $10,000
Explanation:
Estimated selling price - Estimated cost of disposal = Net realisable value ceiling.
NRV Ceiling = $208,000 - $10,000 = $198,000
Net realisable value Floor = Ceiling - normal profit margin
NRV Floor = $198,000 - $6,000 = $192,000
Market value Current replacement cost = $190,000
Market Loss = NRV ceiling - RC
Market loss = $200,000 - $190,000 = $10,000
