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lukranit [14]
3 years ago
14

Construction Products Company and Dante enter into a contract for a sale of bricks and stones. Construction Products knows the p

urpose for which Dante will use the goods. Under the UCC, an implied warranty of fitness of a particular purpose arises Group of answer choices
Business
1 answer:
Dafna1 [17]3 years ago
3 0

Complete Question:

Construction Products Company and Dante enter into a contract for a sale of bricks and stones. Construction Products knows the purpose for which Dante will use the goods. Under the UCC, an implied warranty of fitness of a particular purpose arises:

Group of answer choices.

a. if the buyer is relying on the seller to select suitable goods.

b. if the buyer asks for it.

c. if the seller is a merchant who deals in goods of the kind sold.

d. in conjunction with lease contracts, not sales contracts.

Answer:

a. if the buyer is relying on the seller to select suitable goods.

Explanation:

In this scenario, Construction Products Company and Dante enter into a contract for a sale of bricks and stones. Construction Products knows the purpose for which Dante will use the goods (bricks and stones). Under the Uniform Commercial Code (UCC), an implied warranty of fitness of a particular purpose arises if the buyer is relying on the seller to select suitable goods. This simply means that, Construction Products who is the seller of the bricks and stones implied a warranty of fitness because they know the purpose for which Dante will use the acquired goods and should meet his requirements or needs.

<em>Hence, Construction Products Company is bounded by the contractual agreement (warranty) to provide quality goods which would meet Dante's reasons for buying them since he relying on their expertise or judgmental skills. </em>

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4 0
3 years ago
For a 12-person team, how many additional employees will need to be hired to meet the labor hours needed without overtime
Snowcat [4.5K]

The additional number of employees needed is 3.

Total labor hours required per week = 600

Available regular hour per person per week = 40

For  12-person team, the total available regular hour = 40*12 = 480 per week.

Additional regular hours required to fulfill the requirement = 600 - 480 = 120 hours per week.

Additional number of employees needed = Additional regular hours required / Regular hour per person per week

Additional number of employees needed = 120/40

Additional number of employees needed = 3

The missing word is <em>"amazon Labor Information -Regular Rate $15.00/hr -Overtime Rate $22.50/hr -Targeted Labor Cost $9,000/wk -Labor Hours Needed 600/wk -Any hour worked over 40 hrs/wk must be paid overtime rate For a 12-person team, how many additic 3 3 15 50 120 750</em>"

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7 0
3 years ago
Which of the following statements about the FAFSA process are TRUE?
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Suppose that workers from northern Minnesota, North Dakota, and Montana decide to emigrate to southern Canada. Refer to Scenario
irga5000 [103]

Answer:

c. The equilibrium wage will rise, and the equilibrium quantity of labor will fall

Explanation:

Because of the emigration of workers from the Northern Minnesota to Southern Canada, the equilibrium wage rates will rise and quantity of labor will fall.

This happens because the workers that left have already created a vacuum that will be eager to be filled by their employers who will be willing to increase wages for incoming workers to serve two purposes:

1. To entice them to work for the company and fill the vacuum

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The reason the quantity of labour will fall is because of that vacuum created by the departed workers. It's this drop in labor that will make the equilibrium wages to increase.

7 0
3 years ago
Read 2 more answers
The high-low method calculates the total fixed cost as the: Group of answer choices
MaRussiya [10]

Answer:

c. difference between total variable costs and total costs at a particular activity level

Explanation:

The high low method consists of calculating costs on the basis of highest & lowest activity & comparing their corresponding total costs.

Variable cost per unit is found by : change in cost divided by the change in activity level for two points

Variable Cost per unit = <u>Highest activity cost - Lowest activity cost </u>

                                      Highest activity units - lowest activity units

Fixed Cost is thereafter calculated by subtracting Total Variable Costs from Total Cost

Fixed Cost = Highest Activity Total Cost - [ (Variable cost per unit) x (highest activity units)

Fixed Cost = Lowest Activity Cost - [ (Variable cost per unit) x (lowest activity units)]

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