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AysviL [449]
4 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]4 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.

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On May 1, 2018, Varga Tech Services signed a $75,000 consulting contract with Shaffer Holdings. The contract requires Varga to p
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Answer:

Varga should recognize $50,000 revenue in 2018.

Explanation:

Revenue = $75,000 × 8/12 months

                = $50,000

Therefore, Varga should recognize $50,000 revenue in 2018.

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3 years ago
What is Benartzi's solution to all of these behavioral challenges that effect personal finance? How does improved personal finan
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3 years ago
If a firm needs to finance a new corporate headquarters building, then it would most likely seek the funds in the:________
Gennadij [26K]

If a firm needs to finance a new corporate headquarters building, then it would most likely seek the funds in the <u>capital market</u>.

A capital market is a place where buyers and sellers bask in the trade of economic securities like bonds, shares, and many others. The trading is undertaken by using participants which includes people and establishments. Capital marketplace trades broadly speaking in lengthy-term securities.

The capital market is wherein individuals and companies borrow price ranges using shares, bonds, debentures, debt units, and so on. The maximum common instance is a stock alternate which includes NASDAQ, trading shares from one-of-a-kind businesses among buyers.

Capital markets are crucial due to the fact they finance the economic system, allocate danger, and support economic boom and monetary balance. within the U.S., capital markets fund seventy two% of all monetary activities, in terms of equity and debt financing of non-economic organizations.

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5 0
2 years ago
If South Dakota's governor reports a budget surplus in 2011, that state government likely:
poizon [28]

The governor of South Dakota reports a budget surplus in 2011 and he states that the government received more taxes in the year than it spent in that year

Explanation:

Budget is the amount that the government plans and spends for the future needs and always the government introduces the budgets in the beginning of the year

Taxes must be paid regularly by the citizens and it is the due responsibility and the report of the taxes paid will be given to the governor an the report will be read and in one such report the governor of Dakota reported that there was a budget surplus the government received more taxes than it spent

7 0
3 years ago
A senator from a state with several steel-rod factories explains that it is necessary to impose trade restrictions, such as a ta
Sergio [31]

Answer:

Jobs argument

Explanation:

-The national-security argument states that some industries have to be protected by imposing tariffs to maintain the local production in case of a war.

-The unfair-competition argument says that the domestic market has to be protected when there is unfair competition because companies from other countries are subject to different regulations.

-Using-protection-as-a-bargaining-chip argument states that the threat of imposing a restriction can help to eliminate a restriction that was imposed by another country.

-Infant-industry argument says that new industries have to be protected because they don't have economies of scales that their competitors from others countries have.

-The jobs argument claims that the trade with other countries eliminates the local jobs.

According to this, the answer is that the senator is using the jobs argument to argue for the trade restriction on steel rods because he claims that it is necessary to impose those restrictions to protect the workers from losing their jobs.

8 0
3 years ago
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