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Whitepunk [10]
3 years ago
10

What are the implied warranties under the Uniform Commercial Code?

Business
1 answer:
lapo4ka [179]3 years ago
5 0
In particular, Article 2 of the Uniform Commercial Code creates warranties of merchantability, fitness for a particular purpose, and non-infringement in contracts for the sale of goods. [1] These implied warranties significantly expand the seller's exposure for potential liabilities to the buyer.
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HELP! i need help with this brochure project for economics and personal finance. its about Understanding Checking and Debit Acco
Andre45 [30]

Answer:

no idea

Explanation:

brochures cannot be removed for they help in breathing system

6 0
3 years ago
How are jobs affected by supply and demand ?Explain how changes in supply and demand couple impact employment and jobs?
Ksju [112]

Answer:

Please see explanation below

Explanation:

a. Just as supply and demand affects any other market, so does it affects jobs too. Take for instance if additional workers are added to the existing workforce while the demand for jobs remains the same; it means that employers would likely pay less which will bring about drop in income to employees hence causes less job stability. On the other hand, if there is an increase in demand for jobs while supply remains the same; then employers will be willing to pay more thereby resulting in higher income for few who are employed hence bring about job stability.

b. Change in demand refers to either an increase or decrease in demand for a particular good or service due to changes in consumer tastes, income level, population, price of substitutes etc; while change in supply is when suppliers decided to either increase or decrease their production or output due to changes in technology, process automation, change in the number of competitors in the market, taxes, production costs etc.

An increase in demand for certain goods or services would necessitate an increase in supply for such goods hence create avenue for producers or manufacturers to employ more people to produce them. Also, a decrease in demand for certain goods or services would result in less goods being produced hence lesser people getting employed to produce such goods.

On the other hand, when producers embraces new technology or process automation , the possibility of producing more goods will be higher while such would result in job losses.

3 0
3 years ago
A portfolio manager has a large position in the preferred stock of XYZ Corporation. The manager is concerned that market interes
Ksivusya [100]

Answer:

To hedge the preferred stock position, the manager should: Buy tyx calls

Explanation:

When market interest rate rise preferred stock drop. To hedge using interest rate index option, <em>the contract must offer an offsetting profit during a period of rising interest rates. Therefore buy TYX calls. </em>These will continue to give ever increasing profit as market interest rate continue to rise. And it will offset the ever increasing loss that would be incurred on the XYZ preferred stock position as the market interest rate continues rising.

The hedge is that Any loss on preferred stock position would be offset by corresponding gain on the long interest rate index call position.

5 0
3 years ago
What characteristics of an organizational structure and culture are best suited to achieving a cost-leadership strategy
S_A_V [24]

An informal type of organizational structure is one best suited for achieving a cost-leadership strategy especially when the managers is promoting innovation.

<h3>What is a cost leadership strategy?</h3>

This is a cost strategy that relies on a firm's ability in using a lower costs of production to offer quality products at low prices.

These type of strategy is best achieved with an informal type of organizational structure & culture.

Read more about cost leadership strategy

<em>brainly.com/question/26891629</em>

4 0
2 years ago
Suppose that 10 years ago you bought a home for $110,000, paying 10% as a down payment, and financing the rest at 8% interest fo
skad [1K]

Answer: $11,000

Explanation:

The solution to this problem is not tedious or complicated

Solution;

Amount is = $110,000

Percentage of down payment is given as = 10%

To get the amount of the down payments we find the 10% of $110,00

10% of $110,000 is = 10÷100

=0.1

We multiply it by the amount which is 0.1×110,000= $ 11,000

3 0
3 years ago
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