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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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When preparing to work on a project, teams should name a meeting leader to plan and conduct meetings, a recorder to keep a recor
vesna_86 [32]

Answer:

The statement is: True.

Explanation:

Teams tend to have more effective results when they select a leader, recorder, and evaluator. Those characters will play an important role to control and measure the team's performance that will lead them to achieve their objectives. The <em>leader </em>should guide the team whenever the members gather, the <em>recorder </em>registers the most relevant information of every meeting, and the <em>evaluator </em>measures the advance of the project with the help of the leader.

4 0
3 years ago
An x-ray machine at a dental offi ce is MACRS 5-year property. The x-ray machine costs $6,000 and has an expected useful life of
Brrunno [24]

Answer:

The correct answer is $2,637.31.

Explanation:

According to the scenario, the computation of the given data are as follows:

Cost of machine = $6,000

According to MACRs table depreciation for first 3 years are as follows:

Depreciation for 1st year = 20%, for 2nd year = 32% and for 3rd year = 19.2%

So, Cost of machine after 1st year = $6,000 - 20% × $6,000 = $6,000 - $1,200

= $4,800

Cost of machine after 2nd year = $4,800 - 32% × $4,800 = $4,800 - $1,536

=  $3,264

Now, Cost of machine after 3rd year = $3,264 - 19.2% × $3,264

= $3,264 - $626.688 = $2,637.312

So, the book value at the end of three years = $2,637.31

3 0
3 years ago
The agency problem wherein ownership and control of a corporation are separate is associated with:_______
11Alexandr11 [23.1K]

Answer: The shareholder model of corporate governance

Explanation:

The agency problem is typically a conflict of interest in a relationship whereby a party is expected to act in the best interest of the other party. It should be noted that in corporate finance, the agency problem is a conflict of interest that takes place between the management of the company and the stockholders.

The agency problem wherein ownership and control of a corporation are separate is associated with the shareholder model of corporate governance.

7 0
3 years ago
Using the intuitive least cost method for the given transportation problem, answer the following: Cleveland Dayton Erie Supply A
ch4aika [34]

Answer:

The demand location where demand is unmet is equal to Cleveland. Received only 75 units. 100 units demand is unmet.

Explanation:

Solution

From the example given, we solve for which demand location will have an unmet demand

Now,

The maximum quantity that can be shipped from Allentown to Erie is 100.

The Maximum quantity that can be shipped from Harrisburg to Cleveland is 175

While,

The Maximum quantity that can be shipped from Harrisburg to Dayton is 175

Hence, in case we want an  solution optimum to get the required demand as many as possible with the supply given and with a low costs, then we need to find the optimum solution.

By applying a least cost method called greedy, we need to remove our least costing node and then provide minimum of demand and supply unit a present to each cell.

Thus,

The first least cost is Allentown to Dayton.

From Allentown to Dayton 100 units. Next least cost is Philadelphia to Erie.

From Philadelphia to Erie 150 units. Next least cost is Harrisburg to Erie.

From Harrisburg to Erie 25 units. Next least cost is Harrisburg to Dayton.

From Harrisburg to Dayton 75 units. Next least cost is Harrisburg to Cleveland

From Harrisburg to Cleveland 75 units.

So, for the  optimum solution, the right choice of answer will be

From Allentown to Erie = 0 units

From Harrisburg to Cleveland = 75 units

From Harrisburg to Dayton = 75 units

Therefore, The demand location where demand is unmet  is equal to Cleveland. Received only 75 units. 100 units demand is unmet.

6 0
3 years ago
Which of the following is not an example of a natural experiment an economist might use to evaluate a theory? a. Transit ridersh
Verdich [7]

Answer:

Example of not a natural experiment an economist might use to evaluate a theory is:

C. Here the Students in a microeconomics principles course are advised to play a game with their classmates to determine and evaluate what all decisions they make under certain adjusted circumstances.

Explanation:

Natural experiment : A natural experiment is referred to an observational and also an empirical study in which we get to study about the experimental and controllable varieties of variables. which can not het manipulated anywhere by the researchers.

Instead these experiments are allowed to affect the environment and the nature or the different factors which are not under control of our researchers. In contrast to the experimental values and all the natural experiments are even not controlled by the researchers but instead they also admire and obseve those experiments for their own studies.

So, the right option is:

C. Here the Students in a microeconomics principles course are advised to play a game with their classmates to determine and evaluate what all decisions they make under certain adjusted circumstances.

7 0
3 years ago
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