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gizmo_the_mogwai [7]
3 years ago
7

Paul Parrino purchased from Daves Professional Wheelchair Service a wheelchair manufactured by 21st Century Scientific, Inc. The

sales brochure from 21st Century Scientific stated that the wheelchair woulds erve [the buyer] well for many years tocome. Parrino had problems with the wheelchair within a few years and filed suit against Daves and 21st Century for breach of express warranty. Both defended on the grounds that the statement on years of service was puffery, not an express warranty. Are they right?
Business
1 answer:
expeople1 [14]3 years ago
5 0

Answer:

In this case, 21st Century would probably win the lawsuit since its brochure never stated a specific amount of time, for example, 3, 5, or 10 years. So it cannot be considered an express warranty. Besides, the fact that the wheelchair actually lasted a few years (doesn't specify how many), it is more than consumer protection laws generally require.

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likoan [24]

The true statement about the product life cycle is c) Early adopters buy in the introductory phase

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During this phase, the product is introduced to the market and is often only available to a limited number of consumers. Early adopters are the first to try the product and are often willing to take risks and pay a premium price to have it. By buying the product during the introductory phase, early adopters help to generate buzz and interest in the product and can help to accelerate its growth.

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6 0
1 year ago
Unis Technologies has introduced a new installation program that is the first of its kind and requires a great deal of complex t
Crazy boy [7]

Answer:

Focus heavily on personal selling.

Explanation:

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Because the product that Unis Technologies is promoting is complicated to use, and few people have the required knowledge, the company will have to focus on personal selling, otherwise, the potential customers will likely feel intimitaded and not buy the product.

7 0
3 years ago
Treasury Stock Transactions SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On M
Thepotemich [5.8K]

Answer: Please see explanation column for answers.

Explanation:

a)Journal to record the  transactions of SprayCo Inc.

Date                 Account                                 Debit                 Credit

march 9   Treasury stock (62,000 x $51)  $3,162,000

           Cash                                                                            $3,162,000

June 9      Cash  (48,000 x $60)             $2,880.000

     Treasury stock (48,000 x $51)                                       $2,448,000    

Paid in Capital from sale of treasury stock                          $432,000  

 ($2,880.000- $2,448,000 )  

Nov 13      Cash  (7,500 x $54)                  $405.000

     Treasury stock (7,500 x $51)                                          $382,500    

Paid in Capital from sale of treasury stock                          $ 22,500

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b)balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year =$432,000  form June 9 +   $ 22,500 from November 13 =$454,500

6 0
4 years ago
Which of these statements describe a situation in which people have to make a copay?
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<span>A copayment is a fixed amount paid by a patient to the insurance company prior to a doctors’ visit. Insurance company ask the insured for copay to share health care cost, which is often a small portion of the actual cost of the medical service received. This is meant to prevent a person from seeking unnecessary medical care.</span>
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As
Sergio039 [100]

Answer:

Statue of limitations

Explanation:

5 0
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