Business, 26.06.2020 16:01 ecenteno2004
BUS LAW I On May 1, 2003 Seller contracts to sell Buyer a toaster that it warrants for five years. On May 5, 2003, Seller delivers the toaster to Buyer. The toaster self-destructs on April 30, 2004, but Buyer is out of town and does not discover (and could not have discovered) this until May 3, 2004. Buyer does not sue Seller until May 6, 2007. Has Buyer sued within the time period permitted by Article 2's statute of limitations? A. No, because the lawsuit was filed more than 4 years after Seller purchased the toaster. B. No, because the lawsuit was filed more than 4 years after Seller delivered the toaster. C. Yes, because the lawsuit was filed within 4 years after Buyer discovered the toaster’s defect. D. Yes, because the toaster was still under its five year warranty.
Answers: 2
Business, 22.06.2019 06:40, SkyMelvin
10. which of the following is true regarding preretirement inflation? a. defined-benefit plans provide more inflation protection than defined-contribution plans. b. because of preretirement inflation, possible investment-related growth is increased for defined-contribution plans. c. all types of benefits are designed to cope with preretirement inflation. d. preretirement inflation is generally reflected in the increase in an employee's compensation level over a working career.
Answers: 3
Business, 22.06.2019 08:30, adambbogard1589
Match the items with the actions necessary to reconcile the bank statement.(there's not just one answer)1. interest credited in bank account2. fee charged by bank for returned check3. checks issued but not deposited4. deposits yet to be crediteda. add to bank statementb. deduct from bank statementc. add to personal statementd. deduct from personal statement
Answers: 2
Business, 22.06.2019 20:00, hunter3978
Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?
Answers: 2
BUS LAW I On May 1, 2003 Seller contracts to sell Buyer a toaster that it warrants for five years. O...
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