1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AysviL [449]
3 years ago
5

Phoenix, a salesperson for Quality Fruit, Inc., shows Robert, a buyer for Sweet Home Fruit Company, samples of peaches, stating

that any shipment will match the samples. This statement is:_____
a. an express warranty.
b. an implied warranty.
c. a warranty of title.
d. puffery.
Business
1 answer:
Naya [18.7K]3 years ago
4 0

Answer:

a. an express warranty.

Explanation:

Express warranty is written or verbal assurance by the seller or manufacturer that the product on sale will meet the buyer's expectations in terms of functionality, reliability, and quality.  The sellers make a commitment to either repair or replace the product should it malfunction within a specified period. Details of a warranty are communicated through branding and advertisements.

The wording of an express warranty need not contain the words warranty or guarantee. In the case where there is no wording, the warranty is implied. The statement of the phoenix salesperson is an express warranty. They are assuring the client of the quality of the merchandise.

You might be interested in
A long term investment usually means an investment period of one to three months?
GarryVolchara [31]

Answer:

False

Explanation:

7 0
2 years ago
Read 2 more answers
Entries for Issuing Bonds and Amortizing Premium by Straight-Line Method Smiley Corporation wholesales repair products to equipm
Masja [62]

Answer and Explanation:

The Journal entry is shown below:-

a. Cash Dr, $20,811,010

            To Bonds payable $20,000,000

            To Premium on Bonds payable $811,010

(Being issuance of the bond is recorded)

For recording this we debited the cash as it increased the assets and at the same time it also increased the liabilities so the bond payable and premium is credited

b. Interest expenses Dr, $818,899

Premium on Bonds payable $81,101 ($811,010 ÷ 5 × 6 ÷ 12  )

              To Cash $900,000 ($20,000,000 × 9% × 6 ÷ 12)

(Being  interest expense is recorded)

For recording this we debited the interest expense as it increased the expenses and credited the cash as it reduced the assets plus the remaining balance is debited to premium on bond payable

c.The contract rate of interest is higher than market rate of interest.

5 0
3 years ago
Sometimes mathematical models are insufficient to predict future personnel requirements. In this case, ________ may be necessary
brilliants [131]

Answer:

The correct answer is: Managerial Judgment.

Explanation:

To begin with, the concept known as "Managerial Judgment" in the field of business refers to the process of managerial decision making done by the manager of the organization, therefore that it could be also understood as the ability that they have in order to resolve the situations that might cause harm to the operations or to the plans of the company. That is why that when sometimes the mathematical models are insufficient to predict future personnel requirements then the managerial judgment enters in the game in order to try to acquire the best solution as possible depending on the situation presented for the managers.

6 0
2 years ago
Which is not one of the four criteria for a geometric setting?
Ipatiy [6.2K]
The <span>Three outcomes which are the success, failure, and proficient are </span><span>not one of the four criteria for a geometric setting.
</span><span>
The criteria for geometric setting are:</span>
1. Each observation is subdivided into two categories: Success and Failure.
2. The probability of success remains constant for each observation.
3. The observations are always independent.
4. The variable of interest is defined as the number of trials required to obtain the first success.
7 0
3 years ago
At Richardson Manufacturing Company, there are two factors that determine the cost of health care. If an employee makes less tha
OLEGan [10]

Answer:

15%

Explanation:

Catherine is a departmental manager at Richardson

She earns $68,300 every month

She has family health care

Her employer contributes $935 every year towards total coverage Cost

The first step is to calculate the total contribution

Catherine rate for health care is $165 since her monthly pay is higher than $55,000

Total contribution = $165 + $935

= $1,100

Therefore the percent in which Catherine contributes towards total coverage can be calculated as follows

= 165/1,100 × 100

= 0.15 × 100

= 15%

Hence Catherine contributes 15% towards the total coverage

8 0
3 years ago
Other questions:
  • Consider the following transactions for Huskies Insurance Company: Equipment costing $34,200 is purchased at the beginning of th
    7·1 answer
  • If you report less than $50,000 in federal payroll tax in a look back period, you must make your tax deposit by what day of the
    13·1 answer
  • Amelia loves to splurge on clothes. However, when she was out shopping the other day, Amelia bought much less than she usually d
    12·1 answer
  • Johnson Production Company paid a dividend yesterday of $3.50 per share. The dividend is expected to grow at a constant rate of
    10·1 answer
  • On January 1, Bramble Corp. has a beginning cash balance of $42000. During the year, the company expects cash disbursements of $
    12·1 answer
  • Today, jennifer earns $55000 at her first job. her mom used to make $15,000 at her first job in 1975. jennifer is of the opinion
    6·1 answer
  • If a firm that repairs both motorcycles and cars is able to do so at a lower cost than a firm that does only one or the​ other,
    15·1 answer
  • Around the world, consumers are showing a robust appetite for the sharing-based economy. The presence of a few dominant companie
    5·1 answer
  • Employers prefer to review a___ resume when the history is the most important consideration. A) targeted b) combination c) chron
    8·1 answer
  • Lila Miller, who works for a large software firm, is four months pregnant and due for a promotion. However, her employer offers
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!