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Elis [28]
3 years ago
12

Replay Sports Stores and SportsPower Products, Inc., enter into a contract for a sale of trampolines. SportsPower Products is a

merchant who deals in goods of the kind sold. Under the UCC, an implied warranty of merchantability arises
Business
1 answer:
olga55 [171]3 years ago
4 0

Answer: Automatically

Explanation: The warranty of merchantability could be explained as a guarantee that a product purchased will meet the usual and regular standard or requirement of such product. Under the Uniform Commercial Code, the warranty of merchantability is implied as this automatic unless the defects in the regular nature or specification of the product is clearly stated. In the scenario above, the warranty of implied merchantability automatically arises in the sale of the trampolines and as such, the trampoline must meet the regular standard of the product since no defect is explicitly stated in the regular specification.

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Suppose income increases by 10 percent and, as a result, the quantity of a particular brand of automobile demanded (holding the
insens350 [35]
C is the answer becaause if you do that then you get it
6 0
3 years ago
Jackson has a loan that requires a $16,700 lump sum payment at the end of four years. The interest rate on the loan is 5%, compo
luda_lava [24]

Answer:

$13,739.13

Explanation:

To determine the amount that Jackson borrowed today, we have to find the present value of $16,700

PV = FV (1 + r)^-n

FV = Future value

P = Present value

R = interest rate

N = number of years

$16,700 (1.05)^-4 = $13,739.13

I hope my answer helps you

4 0
3 years ago
As they apply to business conduct and business decisions, ethical principles:__________ 1. deal chiefly with the behaviors that
Vesna [10]

Answer:

3. are not materially different from ethical principles in general.

Explanation:

As they apply to business conduct and business decisions, ethical principles are not materially different from ethical principles in general.

In other words, in business conduct and decision making ethical principles are the same.

5 0
3 years ago
Peter’s Pizzeria sells both pizzas and wings. It wants to increase the sales of its pizzas. If it decides to increase the price
Mashcka [7]

Answer:

<u>The correct answer is</u>: a) the pizza and the wings are substitutes.

Explanation:

Analyzing the scenario of the question above, in the case of Peter's pizzeria, which sells pizza and wings and wants to increase the sale of pizzas by adopting a strategy of increasing the price of wings, in this case, he is assuming that pizza and wings are substitutes .

Substitute goods are those that can be consumed in substitution for another good, even if they are in different categories, as long as they perform the same function, but in a different way.

3 0
3 years ago
Winkler company borrows $85,000 and pledges its receivables as security. the journal entry to record this transaction would be:
nalin [4]
Here, there's an increase in cash and a decrease in receivables. Therefore, the journal entries will be as follows
Dr. Cash .... 85000
Cr. Receivables ..... 85000
Cash borrowed against receivables
6 0
3 years ago
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