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>
Answer:
<u>86 payments approximately</u>
<em>Explanation</em>:
<u>First</u>;
Find the monthly average interest rate,
=7%/12
=0.0058333333
<u>Second</u>;
Add the monthly average interest rate to the monthly payment
= $175 + 0.0058333333
= $175.00583333 (average total monthly balance)
<u>Third</u>;
Divide final account balance by the average total monthly balance
= 15,000 / 175.00583333
=85.71 payments.
It is answer C.How can customer payments be ........
Answer:
The correct answer for cash sales is $15,577.1 and credit sales is $22,937.6
Explanation:
According to the scenario, the given data are as follows:
Cash sales for July = $11,000
Increase rate = 19%
So, Cash sales for August = $11,000 × 119% = $13,090
Now, Cash sales for September = $13,090 × 119% = $15,577.1
Credit sales for July = $14,000
Increase rate = 28%
So, Credit sales for August = $14,000 × 128% = $17,920
Now, Credit sales for September = $17,920 × 128% = $22,937.6
I would say Technician B because if you replace the fasteners with lower grade ones, they can breaks easily.
