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Neporo4naja [7]
3 years ago
8

Dependable Appliances, Inc. and Elain enter into a contract for a sale of kitchen appliances. Dependable, a merchant who deals i

n goods of the kind sold, notes that its goods come with an implied warranty of merchantability. Under the UCC, this means that the goods are reasonably:a. fit for the buyer’s particular purpose.b. fit for the ordinary purpose for which such goods are used.c. suitable for resale at an acceptable price.d. the best quality that money can buy.
Business
1 answer:
Anuta_ua [19.1K]3 years ago
6 0

Answer:

B) fit for the ordinary purpose for which such goods are used.

Explanation:

An implied warranty of merchantability means that the products sold should fulfill an ordinary buyer's expectations and should be fit for the purpose intended.

All products carry an implied warranty of merchantability unless expressly disclaimed or identified as a sale "with all faults" or "as is".

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A jet ski that previously sold for $5,599.99 has been reduced to $3,863.99. What is the markdown percent? (Round your answer to
tangare [24]

Answer:

31%

Explanation:

The current price is $3,863.99

The precious price is $5,599.99

The actual difference in price is  $5,599.99 - $3,863.99

=$ 1, 736.00

Percentage  decrease will be  actual decrease/ original price X 100

= $ 1736.00/ $5,599.99 x 100

=0.31 x 100

=31%

5 0
3 years ago
If the federal reserve banks mailed everyone in the United States a new $1000.00 bill, what would happen to prices, output, and
Artemon [7]

If the Fed mailed everyone a $1,000, the effect would be a <u>rise in prices, </u>output, and income.

<h3 /><h3>What happens when money is injected into the economy?</h3>

The Equation of exchange is:

<em>Money supply x Velocity of money = Price level x Quantity of goods and services produced </em>

If the Money supply increases like it will when $1,000 is sent by the Fed to people, the velocity will also rise as people purchase more goods and services.

The Price level and the Quantity produced on the right side of the equation would also have to rise to match the left side. So prices would rise, and so would output.

Find out more on the equation of exchange at brainly.com/question/10110078.

#SPJ1

4 0
2 years ago
Kevin plans to go to college after he graduates from high school. The tuition is $8,000 a year, and room, board, and books cost
blondinia [14]

Answer:

$30,000

Explanation:

Opportunity costs refers to the incomes or benefits a person, business or investor loses or forgone when one alternative is chosen over another.

Since Kelvin will lose earnings of $30,000 a year from a full-time job if Kevin decides to attend college, this $30,000 a year is therefore the opportunity cost.

8 0
3 years ago
The Berne Conventions provides for international protection of copyrights.<br><br> True<br> False
kolezko [41]
False thank me later guys :)
8 0
2 years ago
Nakeya and other foreign citizens allege environmental destruction committed overseas by the government of Cameroon on behalf of
zimovet [89]

Answer:

Correct answer is (c). bring civil suits under the Alien Tort Claims Act

Explanation:

Alien mean foreign national.

Alien Tort Claims Act (ATCA), also known as Alien Tort Statute, originated from U.S. under a provision of the Judiciary Act of 1789. The law grant U.S. federal courts original jurisdiction over any civil action brought by an alien for a tort in violation of international law or a U.S. treaty.

3 0
3 years ago
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