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Dvinal [7]
3 years ago
9

Holly comes into Matthew's bicycle shop to learn about the Easy Ride bicycle she saw in his newspaper ad. Matthew shows her the

floor sample of the bicycle and says that it is designed to shift and brake more easily than her current model does. She decides to purchase one. Matthew gets a box from the back of the shop and sells it to her, stating that it contains the bicycle Holly wants. Based on his statements, which of the following is not an express warranty created by Matthew:
a. that the bike conforms to the floor sample he showed to Holly.
b. that the bike conforms to the highest industry safety standards.
c. that the bike conforms to his description of the Easy Ride.
d. that the bike conforms to his promise about the bicycle's shifting and braking ability.
Business
1 answer:
andreev551 [17]3 years ago
8 0

Answer: b. that the bike conforms to the highest industry safety standards.

Explanation:

An express warranty simply refers to the agreement by a seller of a particular product to provide a replacement or repair for a product when it's faulty within a certain period of time.

Based on his statements in the question, the option that is not an express warranty created by Matthew is that the bike conforms to the highest industry safety standards.

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The bonds issued by United Corp. bear a coupon of 6 percent, payable semiannually. The bond matures in 20 years and has a $1,000
pishuonlain [190]

Answer: 6.40%

Explanation:

Use Excel to calculate this by the formula;

= RATE(Nper,Pmt,-Pv,Fv)

Nper is number of periods = 20 * 2 = 40 semi annual periods

Pmt is the payment = $6%/2 * 1,000 = $30

Pv is the present value = $955

Fv is future value or face value = $1,000

= RATE (40,60,-955,1000)

= 3.20% * 2 (because this is a semi annual rate)

= 6.40%

8 0
3 years ago
Suppose you are a leader responsible for an organization’s vision/mission statements. How often do you think they should be chan
Roman55 [17]

Explanation:

Vision and mission statements are extremely important for a company to convey its core values ​​to its employees, suppliers and customers. They help communicate the company's identity and provide direction and set goals that are fundamental to organizational success. They are considered the basis of an organization, <u>so it is not recommended that changes in vision and mission are frequent</u>, the reasons that justify the change <u>would be the change of the organizational focus and the evolution of the organizational objectives and expansion of the target audience.</u>

8 0
3 years ago
Your typical markup for merchandise is 36%. Your cost on an item is $11.00. Calculate the selling price.
wolverine [178]

Answer:

$7.04

Explanation:

$11/10=$1.1 x 3= $3.30

$1.1/10=$0.11 x 6=$0.66

$3.30+$0.66=$3.96

$11-$3.96=$7.04

8 0
3 years ago
When a company expands by entering new business areas, it is called growth through __________?
garri49 [273]
When a company expands by entering a new business area, it is called growth through diversification. 

Diversity is the means of being different, new, exciting.. something not like another. When a business enters something new, it's called diversification because it's not like what they've done before. With this comes risk but huge growth potential.
7 0
3 years ago
describe the communication process model, and explain how social media are changing the nature of business communication.
neonofarm [45]

Communication process model is the communication model made up of seven parts:

the communication source

encoding

the message

the channel

decoding

the receiver and

feedback.

Social media has forced different past favorites to recreate themselves into new formats while new social media companies have penetrated existing markets and businesses.

Social media has transformed internal as well as external business communication, so that it is now becoming more democratic, more open, and more participatory than ever before.

To know more about communication model here:

brainly.com/question/12999799

#SPJ4

8 0
1 year ago
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