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
Andreas93 [3]
3 years ago
6

Geoff's fiancée, Susan, comes to meet his parents for the weekend. On Saturday morning, while using Geoff's mother's hair dryer,

the blower short-circuits sending sparks across the guest room. Susan's angora sweater and her hands are covered with tiny burns. Susan's mother is a lawyer and wants her to sue the seller of the dryer for breach of warranty. Can she?
Business
1 answer:
Ksju [112]3 years ago
3 0

Answer:

Yes, since she is a guest in the home of the buyer, the warranties would extend to her in most states.

Explanation:

Warranty

This is simply known as a type of duty or statement of other representation that is made by the seller or places by law on goods and services mainly concerning the aspect of quality, characteristics, strength and ownership of goods and services. It is often regarded also as a duty or obligation of the seller to the buyer in terms of title, quality, characteristics, or conditions of goods.

Types of warranty

1. Express Warranty

2. Implied Warranty of Title

3. Implied Warranty of Merchantability

4. Implied Warranty of Fitness for a Particular Purpose

Express Warranty

This is simply refered to as the description of the goods that is made part of the basis of the negotiation does bring about an express warranty that the goods will adhere to the description or defined it as an agreement of fact or promise in relation to the goods that becomes part of reasons of negotiation therefore brings about express warranty that goods will adhere to 3 things mainly:

1. Affirmation of Fact

2. Description

3. Sample or model

You might be interested in
Shawn loves to snowboard. he enjoys performing aerial tricks after launching off high jumps. the higher in the air he goes and t
liubo4ka [24]
The answer is Arousal.
5 0
4 years ago
Read 2 more answers
What was the average annual economic growth rate in Singapore over the 22.00 years from 1957 to 1979
borishaifa [10]

The average annual economic growth rate in Singapore over the 22.00 years from 1957 to 1979 was 3.20%.

<h3>What is average annual economic growth rate (AAGR) ?</h3>

The average annualised return of a portfolio, asset, or cash flow over time is known as the average annual growth rate, or AAGR.

The basic arithmetic mean of a set of returns is used to calculate AAGR.

Calculation for average annual economic growth rate:

Real per capita GDP in Singapore in 1957 was about $400 and it doubled to about $800.00 by 1979 over the period of 22 years.

Growth rate = (\frac{last value}{initial value} )^{\frac{1}{n} } -1

The last value = $800

The initial value = $400

n = number of years

Growth rate = (\frac{800}{400} )^{\frac{1}{22} } -1

                   = (2)^{\frac{1}{22} } -1

                   = 1.032 - 1

                   = 0.032

Growth rate % = 0.032×100

                        = 3.2%

Therefore, the growth rate in Singapore over 22 years are 3.2%.

To know more about Gross domestic product (GDP), here

brainly.com/question/1383956

#SPJ4

4 0
2 years ago
Blackzim Inc. entered the low-priced digital watch market several years ago. This firm's earnings have been unsteady but might b
guapka [62]

<em>Your question is incomplete. please read below to find the full content.</em>

<em />

Blackzim Inc. entered the low-priced digital watch market several years ago. This firm's earnings have been unsteady but might be growing.

<em />

The following statement should be considered a true statement regarding product categories:

The list of the product & services should be filtered.

The existed category or the new product category added should be prescribed.

The name in the product category should be added for purchase or sales transactions.

The following information related to the product is:

It is a tangible product that can be seen and touched i.e. computer, or furniture.

It can be an intangible product also that cannot be seen or touched i.e. goodwill, services, etc.

Therefore we can conclude that the above statements should be relevant.

Learn more about the product at

brainly.com/question/21254539

#SPJ4

3 0
2 years ago
The time value of a call option is I) the difference between the option's price and the value it would have if it were expiring
Nat2105 [25]

Answer:

I) The difference between the option's price and the value it would have if it were expiring immediately

Explanation:

Time value in options trading simply refers to the part of an option's premium (cost or price) which is attributed to the amount of the time remaining until expiration.

An addition of the option's time value and intrinsic value equals the total premium of an option.

Therefore, we can mathematically state that:

Time Value = Option Premuim(Price) - Intrinsic Value.

The Option Premuim is an amount of money known as the price or cost.

In an exchange for the right granted by the option, an option buyer pays for the premium to an option seller.

Generally, it is seen that the more time that remains until the expiration, the greater the time value of the option. This happens as a result of investors willing to pay a higher premium for more time since the longer time taken to execute contract will be profitable due to a favorable move in the underlying asset.

Also, the lesser time remaining on an option will result in lesser willingness of investors to pay because the probability for profitability is slim.

4 0
3 years ago
Read 2 more answers
People enjoy outdoor holiday lighting displays and would be willing to pay to see these displays but can't be made to pay. Becau
Aliun [14]

Answer:

b. demand-side market failure. 

Explanation:

Demand-side market failure occurs when suppliers aren't able to charge consumers prices for goods and services.

I hope my answer helps you

3 0
3 years ago
Other questions:
  • A downtown bank is advertising that if you deposit $1,000 with them, and leave it there for 65 months, you can get $2,000 back a
    13·1 answer
  • Which results is a positive aspect of globalization
    7·2 answers
  • Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 trend percentages for net sales using 20
    11·1 answer
  • In a small open economy, starting from a position of balanced trade, if the government increases the income tax, this produces a
    6·1 answer
  • River corp's total assets at the end of last year were $480,000 and its net income was $32,750. what was its return on total ass
    6·1 answer
  • Research suggests that many expatriate employees encounter problems that limit both their effectiveness in a foreign posting and
    10·1 answer
  • The capital expenditures budget should be integrated with all of the following except
    12·1 answer
  • Gottschalk Company sponsors a defined benefit plan for its 100 employees. On January 1, 2020, the company's actuary provided the
    15·1 answer
  • Melinda, who works in a jewelry store owned by Cindy, was picking up some gem stones for use in the store. On the way back to th
    14·1 answer
  • At the beginning of the current tax year, Amy's capital account has a balance of $300,000, and the LLC has debts of $200,000 pay
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!