Business, 26.11.2019 20:31 rebecca7415

Sam expressed interest in buying a painting from jasper, who claimed that the painting was a family heirloom. jasper's asking price was $15,000, but sam was only willing to offer $13,000. jasper told him that it was a very old painting worth a fortune and that others would gladly pay $20,000 for it. he also told him that he was only selling it under its market value because he needed the money imediately. he ten implied that sam could sell it for a higher rate if he wanted. in legal terms, jasper's words to same would be considered as
a. an express warranty
b. an implied warranty of merchantability
c. an oral contract
d. a statement of opinion

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 17:30

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve

Answers: 3

Answer

Business, 22.06.2019 19:30

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation

Answers: 1

Answer

Business, 22.06.2019 20:00

The master manufacturing company has just announced a tender offer for its own common stock. master is offering to buy up to 100% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. after the announcement of the offer, the stock closed on the nyse up 2.50 at $18.75. a customer has 100 shares of master stock in his cash account. the customer tells you that he wishes to "cash out" his position. you should recommend that the customer:

Answers: 2

Answer

Business, 23.06.2019 03:20

Bathlinks corporation has a debt to assets ratio of 73%. this tells the user of bathlinks’s financial statements that a. bathlinks is getting a 27% return on its assets. b. there is a risk that bathlinks cannot pay its debts as they come due. c. 73% of the assets are financed by the stockholders. d. based on this measure, the user should not invest in bathlinks.

Answers: 3

Answer

You know the right answer?

Sam expressed interest in buying a painting from jasper, who claimed that the painting was a family...

Questions