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k0ka [10]
4 years ago
10

2-3 personal experience of exploitation as a consumer

Business
1 answer:
Scilla [17]4 years ago
3 0

Answer:

<u>Explanation</u>:

Exploitation often involves a denial of an individual's right (in this case a consumer's right).

Consumers are often exploited in this three areas:

Poor quality standard: For example, one may purchase an electronic device, which in most cases the quality level is determined only after using the product and then discover that the product has failed to meet expectations like performance failure.

High Prices: This is often happens when a consumer isn't aware of the average price of a particular product and may be the taken advantage of by the seller.

False or Incomplete product description: Online shopping often presents this type of exploitation. For example, an individual may buy a wrist watch he thinks is made of silver, but receives the item an discover it is actually made of rubber material.

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The changes in account balances for Elder Company for 2018 are as follows: Assets $ 680,000 debit Common stock 350,000 credit Li
hammer [34]

Answer:

Net income will be $160000

So option (c) will be the correct answer

Explanation:

We have given debt common stock = $680000

Credit liabilities = 350000

Credit paid in capital = 190000

And excess of par 30,000 credit Assuming the only changes in retained earnings

So 680000 = 350000+190000+30000+ retained earning

So retained earning = $110000

Dividend paid = $50000

So net income = dividend paid + retained earning = $110000+$50000 = $160000

So option (c) will be the correct answer

4 0
3 years ago
Amarillo Company experienced the following events during its first accounting period. (1) Purchased $5,000 of inventory on accou
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Answer:

$(4,000)

Explanation:

Calculation to determine At the end of the first accounting period what would be reported for Net Operating Cash Flow on the Statement of Cash

Inventory purchased on account $5000

Less Returned of inventory purchased $1,000

Net Operating Cash Flow $(4,000)

($5,000-$1,000)

Therefore At the end of the first accounting period what would be reported for Net Operating Cash Flow on the Statement of Cash is $(4,000)

6 0
3 years ago
David and Sandra Dess contracted with Sirva Relocation, LLC, to assist in selling their home. In their contract, the Desses agre
Inga [223]

Answer:

The answer is:

The Kincaids can sue David and Sandra Dess because they can be considered intended beneficiaries of the contract between them and Sirva.  

Explanation:

Intended beneficiaries are third parties in a contract that can sue the promisor for breach of contract.

In the contract, David and Sandra agreed to fully disclose all information about the property. Under the terms of the contract, they agreed that Sirva and "other prospective buyers" could rely on their disclosures.

8 0
4 years ago
Your company has a cost differentiation strategy regarding its products. there are several new entrants into your saturated mark
gtnhenbr [62]

1) Change the nature of the product

2) Give away discounts

3) Reduce the price of the product compared to the competitiveness of the market

7 0
3 years ago
PLZZ HELP.Think of an advertisement that you found particularly effective. Describe the product and the advertisement. Explain w
yan [13]

Answer: I found Optimum Internet  advertisement effective.

Explanation: I found optimum internet effective because not only does it cost less but it's a good deal.

I really don't know if this is will help but that's what I find effective.

8 0
3 years ago
Read 2 more answers
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