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sashaice [31]
3 years ago
5

Regional Lumber Company and Superior Builders Corporation enter into a contract for a sale of wood products. Regional, a merchan

t who deals in goods of the kind sold, makes implied and express warranties in connection with the sale. Under the UCC, if these are inconsistent:
Business
1 answer:
chubhunter [2.5K]3 years ago
6 0

Answer:

Hence answer is the implied warranty of fitness for a specific purpose takes precedence.

Explanation:    

There are two sorts of warranties that are implied and express warranty provided by the vendor to the customer. An express warranty may be a warranty that's clearly stated either verbally or in writing but an implied warranty automatically covers most commodities valued over a particular amount but provides a base level of protection for consumers.

Most consumer products are protected by the implied warranty that ensures that the merchandise will work as per its claims.

Under the Uniform commercial code (UCC) when both express and implied warranties are inconsistent, the implied warranty of fitness for a specific purpose takes precedence.  

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Moral hazard is a barrier to financing global growth because:_______
icang [17]

Answer:

<u>c. there is the possibility that the funds are used for riskier behavior than the lender agreed to.</u>

Explanation:

True. The term "Moral Hazard" as used in an investment context, often refers to a scenario where one party with a <em>lesser risk burden</em> in a business agreement, <u>deliberately </u>takes investment risk that would be detrimental to others in the agreement who have a higher risk burden.

It is an unethical business practice; a moral hazard, and so acts as a barrier to investors who may want to finance global growth.

8 0
3 years ago
Salespeople who assist in design and specification processes, installation of equipment, and training of a customer's employees
umka2103 [35]

Answer:

technical support salespeople.

Explanation:

Salespeople can be defined as a group of individuals or employees who are saddled with the responsibility of taking orders from customers, as well as sales of finished goods and services to consumers or end users.

Salespeople who assist in design and specification processes, installation of equipment, and training of a customer's employees are called technical support salespeople.

4 0
3 years ago
What kind of economy uses a free-enterprise system?
alekssr [168]

Answer:

The U.S. economy is a free enterprise system.

Explanation:

That means that individuals — and not the government — own most of our country's resources.

5 0
3 years ago
Companies are using _____________ to communicate their corporate social responsibility actions to their customers. sales promoti
myrzilka [38]
I would say social media. :) Hope this helps.
6 0
3 years ago
The Chinese government purchased U.S. dollars in the foreign exchange market with Chinese currency. During the same​ period, the
Anvisha [2.4K]

Answer:

The value of the US dollar would go up whilst that of the Chinese currency would decrease.

Explanation:

This would be as a result of the market forces of demand and supply, by buying the US dollar the demand for USD would be increasing on the market and therefore the value/price would increase to meet this demand. The Chinese currency would reduce in value because of the excess supply of it on the market, by buying USD with Chinese currency it would flood the foreign exchange market with Chinese currency. However this would be mitigated to some extent by the increase in reserves.

5 0
3 years ago
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