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Oxana [17]
2 years ago
10

Carpet Woes. Beau went shopping at ABC Carpet. He saw some carpet he liked but could not make up his mind. The manager at ABC Ca

rpet wrote down the proposed purchase price for him along with a statement that the price would be good for three months. Two months later Beau went back to ABC Carpet to purchase the carpet. Unfortunately, the price had gone up. Beau showed the manager his writing and guaranteed price, but the manager said that the offer was no longer good. Although he had to pay more than the ABC manager had initially promised, Beau proceeded to purchase his carpet from ABC Carpet, and he also contracted with ABC to do the installation. Unfortunately, Beau almost immediately started to have problems with the carpet. Beau told the sales manager of ABC Carpet that he was planning on bringing suit for breach of warranty. The sales manager, however, told him that the breach of warranty provisions only applied to sales of goods and that the carpet purchase was for installation, a service. Which of the following is true regarding the enforceability of the offer made by the manager at ABC Carpet?
a. Common law will be applied, not the UCC, because the contract was mixed.
b. The UCC will be applied, not common law because the contract was mixed.
c. The court will apply the predominant-purpose test to determine whether the predominant purpose of the contract was the sale of goods in which case the UCC would apply.
d. The court will apply the service-warranty test to determine whether the predominant purpose of the contract was the provision of a service in which case the UCC would apply.
Business
1 answer:
ella [17]2 years ago
4 0

Answer: The court will apply the predominant-purpose test to determine whether the predominant purpose of the contract was the sale of goods in which case the UCC would apply.

Explanation:

Based on the information given in the question, we should note that the court will apply the predominant-purpose test to determine whether the predominant purpose of the contract was the sale of goods in which case the UCC would apply.

We should note that under a predominant purpose test, it will apply when the transaction involved is Mena for goods sales and not for the service sales.

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When ________, business firms will collectively supply a lower quantity of output at any given price, and the supply curve will
Ganezh [65]

When <u>cost of production increase </u>  business firms will supply lower quantity of output

<h3>Effect of production cost on prices </h3>

When the cost of production increases, producers will tend to produce a lesser quantity of goods and services and this is cause an increase in demand over supply in the open market.,

An increase in demand without a corresponding increase in supply will cause the supply curve to shift to the left.

Hence we can conclude that When <u>cost of production increase </u>  business firms will supply lower quantity of output

Learn more about shift in supply curve : brainly.com/question/23364227

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7 0
1 year ago
Apple inc's ipod is the dominant product in the market for mp3 players. suppose that a technology company orange recently introd
djyliett [7]

Base on the given scenario of which the orange company introduced an innovative mp3 player, the apple inc’s ipod will likely tend to decrease its mark up as a new rival has been introduced which is having a head on with the apple’s mp3 product.

3 0
2 years ago
Read 2 more answers
A manager who focuses on one part of the organization, such as production, without considering the impact on marketing or sales
oee [108]

Answer:

The manager does not understand the contingency view.

Explanation:

The manager who focuses only on one part of the business then will not understand the contingency view. Here, the contingency view refers to the behavior of the manager to lead every situation or problem in the company. Therefore, to make a decision it is required to focus on all parts of the organization. Since in the question it is given that the manager focus only on one part of the company that means he will be unable to understand every situation of the company.

3 0
3 years ago
Selected data from Emporia Company follow: Balance Sheets As of December 31 2018 2017 Accounts receivable $ 600,000 $ 480,000 Al
svet-max [94.6K]

Answer:

Compute the accounts receivable turnover for 2018.

4.29 times

Compute the inventory turnover for 2018

3.6 times

Compute the net margin for 2017.

24.58%

Explanation:

Compute the accounts receivable turnover for 2018.

accounts receivable turnover = Sales / Accounts receivable

                                                  =  $ 2,400,000 / $ 560,000

                                                  = 4.29 times

Compute the inventory turnover for 2018

Inventory turnover = cost of Sales / inventory

                                = $1,800,000 /  $ 500,000

                                = 3.6 times

Compute the net margin for 2017.

net margin = Net Profit / Sales × 100

                  = (2,400,000-1,810,000) / 2,400,000  × 100

                  = 24.58%

3 0
3 years ago
Let's assume that a firm produces 40 products. Its total weekly cost (TC) at this output is $1200. This includes TVC and TFC. We
ikadub [295]

Answer:

$15

Explanation:

The computation of the average fixed cost is shown below:

As we know that

Average fixed cost is

= Total fixed cost ÷ Quantity

where,

Total fixed cost is

= Total cost - total variable cost

= $1,200 - $200 × 3

= $1,200 - $600

= $600

And the quantity is 40 products

So, the average fixed cost is

= $600 ÷ 40

= $15

3 0
2 years ago
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