Answer:
Express warranty.
Explanation:
The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.
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.
The Uniform Commercial Code ("UCC") posits that explicit, stated promises by a service provider or business as an express warranty.
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.
In this scenario, the Targus adjustable pedestal is designed to act as an adjustable stand for computer monitors. The reseller specifically states that the stand holds up to 100 pounds. This is an example of an express warranty.
Answer:
The correct answer is strategic business unit.
Explanation:
Strategic business unit refers to the set of activities carried out by a company for which a common and different strategy can be established from the rest of the company's activities. This strategy is autonomous from the rest, but it is not entirely independent since all the strategies of the different strategic business units are linked within the company's global plans.
Answer:
C. Tracing sales invoices to shipping documents to test the occurrence of reported sales.
Answer:
Hoover Corp., a wholesaler of music equipment, issued $12,500,000 of 10-year, 14% callable bonds on March 1, 20Y2, at their face amount, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year.
Explanation:
Answer:
Assuming factors other than those being considered In a particular analysis do not change
Explanation:
ceteris paribus means all other things remaining equal. It means other factors other than those being considered In a particular analysis do not change.
For example, according to the law of supply, all other things remaining equal, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
It is expected that the higher the price, the higher the quantity that would be supplied as suppliers would want to maximise profit. This is assuming that other factors apart from price don't change. Now assume that the government place a limit on the amount of a good that can be produced. If the limit is exceeded, erring firms can face jail time. Once this limit is exceeded, no matter the price increase, the quantity supplied would not rise.