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strojnjashka [21]
3 years ago
8

Inside the packaging of a new bread machine she purchases, Ginger finds a paper stating, "All our products will be replaced with

in the first year if they fail to operate correctly. However, consumer misuse or abuse will effectively end this policy." This is a(n) a. implied warranty. b. express warranty. c. statement of guarantee. d. set of instructions for use. e. labe
Business
1 answer:
pychu [463]3 years ago
3 0

Answer:

b. express warranty.

Explanation:

A warranty can be defined as a written promise or guarantee made by a manufacturer, lessor or seller about the identity or quality of goods and services or a property to a purchaser, promising him or her to repair or replace it if necessary within a specified time frame.

An express warranty is typically considered to be an affirmative promise about the quality or characteristics of an item that is being sold to a buyer and as such it is binding and enforceable by law.

Inside the packaging of a new bread machine she purchases, Ginger finds a paper stating, "All our products will be replaced within the first year if they fail to operate correctly. However, consumer misuse or abuse will effectively end this policy." This is an express warranty.

It recognized by the Uniform Commercial Code ("UCC") as explicit, stated promises by a manufacturer.

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A new municipal bond issue had a dated date of January 1, 2018. The first coupon was due on August 1, 2018. The customer bought
blsea [12.9K]

Answer:

1 month

Explanation:

The last coupon paid by this bond was made on August 1, 2018, and the transaction is made on September 1, 2018, therefore, only 1 month has passed since the last coupon was paid. Therefore, accrued interests will be charged for only 1 month.

When bonds are sold including accrued interests, they are said to be sold at their dirty price.

5 0
4 years ago
When discussing economic growth, it is often useful to focus on ____________, to avoid studying changes in the size of GDP that
ziro4ka [17]

Answer:

GDP per capita

Explanation:

GDP per capita of a nation represents the standard of living of an individual of that nation. Most of the bigger economies have largely focused on the GDP per capita rather than overall GDP of a nation.

GDP per capital is calculated as total GDP of a nation divided by the total population of that country.

If there is an increase in the GDP per capita of a country, this indicates that standard of living of each resident of that nation is improving which is a good indication for a country as a whole.

6 0
3 years ago
Explain why having a good accountant is important for a large business. What does an accountant do? Do some research to find out
Setler79 [48]

Answer:

Having a good accountant if you own a large business is important because any mistakes could be detrimental in the long run and upset clients.An accountant takes care of all finances, If a business did not have an accountant it would most likely take a turn for the worst.

-Hope i helped :D

7 0
3 years ago
In 3 sentences Summarize the main points of a wise investment strategy.
Vilka [71]
You want to invest money into your product but sell it for more money than what's is worth in tell you get back the money you invested into the business and then put the prices down on holidays to like dirt cheap to attracted more people then raise the price when it's over
3 0
4 years ago
BierCo is a beer company based in Germany. You purchased the stock in 2011 for 100 Euros when the exchange rate was 1.4 EUR/ USD
OLEGan [10]

Answer:

Decimal total dollar denominated return is 0.50

Explanation:

The dollar purchase price of the stock =100/1.4*$1

                                                                 =71.42857143 *$1

                                                                  =$71.42857143

today's dollar selling  price  =120/1.12*$1

                                 =107.1428571 *$1

                                 =$107.1428571

Dollar denominated total return in money terms=$107.1428571 -$71.42857143

          =$35.71428571

However the dollar-denominated return in percentage terms is computed the below formula

dollar denominated return %=(today's price-initial price)/initial price

                                                =($107.1428571 -$71.42857143 )/$71.42857143

                                                 =0.50 which represents 50%

3 0
3 years ago
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