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
adell [148]
2 years ago
5

Marsha and Antonio make a contract in which Marsha agrees to sell Antonio an expensive and rare piece of art. In the contract, M

arsha states that she has the authority to enter into an agreement with Antonio, that she owns the piece of art, and that the art is authentic and not a forgery. These statements are examples of: ______________
a. covenants.
b. representations and warranties.
c. choice of law provisions.
d. riders.
Business
1 answer:
kramer2 years ago
5 0

Marsha and Antonio's statements are examples of representations and warranties, as in a contract for the purchase and sale of a work of art there must be agreements that protect and benefit the parties.

<h3 /><h3>Features of a contract</h3>

Corresponds to a formal and consensual document that must be based on legality to identify an economic transaction between two or more parties, establishing the rights and obligations of both.

Therefore, for it to be valid, the parties must be in full capacity and competence, in addition to the need for autonomy of will, the obligation and supremacy of public order.

The correct answer is:

B. Representations and warranties

Find out more information about legal contract here:

brainly.com/question/8935110

You might be interested in
Pessimism Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international tensions, and loss of
VladimirAG [237]

Answer:

The correct answer is option C.

Explanation:

Suppose there is pessimism in an economy because of corporate scandals, international tensions, loss of confidence, etc. This is going to adversely affect the economy. Because of corporate scandals, the investment will decline. Loss of confidence in consumers will cause a reduction in consumption spending. International tensions cause net exports to decline.  

All of this causes aggregate demand to decline. The aggregate demand curve moves to the left. This leftward shift causes both the quantity of output and price to fall. As output fall real GDP will decline as well.

3 0
3 years ago
All of the following costs are likely to decrease as a result of better quality except:
swat32

Answer:

The correct answer is (d)

Explanation:

Better quality can help to reduce many costs such as customer’s dissatisfaction cost, inspection cost and warrant and service cost. When customers don't like the quality of the product they are likely to buy the same product from somewhere else that is the dissatisfaction cost. Still, maintenance cost is likely to incur no matter how good the quality is. Maintenance cost helps to keep the product clean and fresh for long-term use.

5 0
3 years ago
Under the flsa, what information concerning employees' wages earned must be maintained by the employer?
Ksju [112]

Under the FLSA, information concerning employees’ wages must be maintained by employer such as having to pay during the payroll period, the proper total additions to or deductions from wages should be followed and the amount and nature of the exempt pay should be followed correctly.

4 0
3 years ago
Marigold Company discovered the following errors made in January 2022.
lys-0071 [83]

Answer:

A. Reversals entry

1. Dr Cash 900

Cr Equipment 900

Correct entry

Dr Wages and salaries 900

Cr Cash 900

B.

2. Dr Cash 5850

Dr Service revenue 650

Cr Account payable $6,500

3. Dr Accounts payable 360

Cr Equipment 360

Explanation:

A. To Correct the errors by reversing the incorrect entry and Preparation of the correct entry.

Reversals entry

1. Dr Cash 900

Cr Equipment 900

Correct entry

Dr Wages and salaries 900

Cr Cash 900

B. To Correct the errors without reversing the incorrect entry

2. Dr Cash 5850

($6500-650)

Dr Service revenue 650

Cr Account payable $6,500

3. Dr Accounts payable 360

(510-150)

Cr Equipment 360

4 0
2 years ago
Jim transfers money from his money market account to his savings account. This action:________.
Verizon [17]

Answer:

a.reduced MI and increases M2

Explanation:

Hope that help you!!

4 0
3 years ago
Other questions:
  • The Corner Hardware has succeeded in increasing the amount of goods it sells while holding the amount of inventory on hand at a
    9·1 answer
  • An agreement two parties enter into before marriage that clearly states the ownership rights each party enjoys in the other part
    12·2 answers
  • Foreign investment in U.S. companies continues to be strong. When Belgian-based In-Bev purchased the largest beer company in the
    14·1 answer
  • Munoz Sporting Equipment manufactures baseball bats and tennis rackets. Department B produces the baseball bats, and Department
    9·1 answer
  • A free market is one where decisions regarding what and how much to produce are made by the market itself. This market is made u
    8·1 answer
  • (Externalities) Complete each of the following sentences: a. Resources for which periodic use can be continued indefinitely are
    14·1 answer
  • DRK, Inc., has just sold 110,000 shares in an initial public offering. The underwriter’s explicit fees were $66,000. The offerin
    12·1 answer
  • Many___expectations of good customer service are the same, but we must still treat each customer as an individual.
    7·1 answer
  • For a branded house strategy, the following is often essential: A. Increased shelf presence in retail store B. One product that
    12·1 answer
  • _____ is the money a company earns from providing services or selling goods to customers.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!