Caveat emptor as a legal principle continues to be recognized because _____. Sellers don’t want to be bothered with quality. The courts place some level of responsibility on consumers to make certain they know what they are buying and its general quality; otherwise, courts would be forever resolving small disputes. Common law is less expensive to enforce than more contemporary laws. Caveat emptor is no longer a recognized legal principle.

Answers

Answer 1

Answer:

The courts place some level of responsibility on consumers to make certain they know what they are buying and its general quality; otherwise, courts would be forever resolving small disputes.

Explanation:

This principle is based on the understanding that buyers have an opportunity to inspect the item, to have it inspected by a qualified professional, and to research its history before making a decision to buy. If the buyer, whether he takes advantage of this opportunity or not, chooses to buy the item, he cannot blame the seller for any deficiencies he may later discover.


Related Questions

Can someone answer this question please please I don’t know how to do it and it’s to tonight please
And please show the work please

Answers

Answer:

1) 5

2) 2

3) 3

4) 3

5) 4

6) 18

7) 8

8) 16

9) 10

10) 33

Explanation:

1) 10/2 = 5

2) 4/2 = 2

3) 6/2 = 3

4) 9/3 = 3

5) 12/2 = 6, 24/6 = 4

6) 6/2 = 3, 6*3 = 18

7) 16/4 = 4, 32/4 = 8

8) 32/8 = 4, 4*4 = 16

9) 20/2 = 10, 1*10 = 10

10) 22/2 = 11, 11*3 = 33

HOPE THIS HELPS! CAN I GET BRAINLIEST PLEASE? THANKS!

Which is an example of an effective study skill?

Answers

Answer:

Teaching or asking a study partner the questions.

Explanation:

When you teach someone you take in the knowledge better and get to help someone else out.

Hospital services are provided by the government and paid for through taxation. People cannot always get the treatment they require because of long waiting lists. What is an example? A. external cost B. market system C. perfectly inelastic supply D. scarcity

Answers

Answer:

D: scarcity

Explanation:

It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and:__________
a. the rapid development of the Internet's capabilities.
b. extensive use of outsourcing within the borders of the United States.
c. the declining number of inventions and patents developed by U.S. citizens.
d. the simultaneous erosion of the U.S. work ethic and the U.S. education system.

Answers

Answer:

a. the rapid development of the Internet's capabilities.

Explanation:

It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and the rapid development of the Internet's capabilities.

Globalization can be defined as the process of developing technology, people, investments, informations, products in order to create international influences across cultures and national markets or borders. This makes it possible for various multinational enterprise or companies to break into different markets across world and compete effectively with other companies.

Also, the rapid development of the Internet's capabilities gives various companies the ability and privilege to technology and software applications to seamlessly meet the needs of customers over the web such as cloud computing services, Internet of things (IoT) etc.

Factors that influence pricing

Answers

Marketing’s four Ps – product, price, promotion and placement – are the basic components of any marketing mix. The decisions you make with regard to all of these elements can mean the difference between success and failure. There are many factors that will have an influence on how you set the price for your product or service, with some of them internal and some external, and most of them will fluctuate over time.

Effect of Competition
A competitive pricing strategy, where prices for a product or service are set based primarily on the prices of the competition, is best suited for a price-sensitive and highly competitive market. Whether you use this type of strategy or not, you should always take your competition’s pricing into account when setting your own pricing, unless you hold a monopoly. If consumers perceive your product and your competition’s as having equal value, you could lose out in a big way if your competitor’s price is lower than yours is.

Market Demand Pricing
The laws of supply and demand should always come into play when setting your pricing. If a product is in high demand, particularly if demand exceeds supply, then the market can bear a higher price. Conversely, if demand dwindles, consumers will not be willing to pay higher prices. Your pricing should remain relatively stable over time, but you can put promotions in place to discount the price when needed.

Price is a Part of Brand Strategy
Setting your prices without a thorough grasp of your brand objectives can destroy any brand-building efforts. Your price is a part of your brand image. Think about Walmart, which has built its entire brand around low pricing, or Tiffany & Co., whose consumers expect high-end pricing. If your products’ prices are not in line with your brand image, you will most likely confuse consumers instead of convert them.

Cost of Goods Sold
If you want to make a profit on the sale of your products, you must charge a higher price than what it cost you to actually produce and transport them. The cost of goods sold almost always plays an integral role in any pricing strategy. The exception to this is if you are promoting your product as a loss leader.

A loss leader is a product that is sold below cost as an incentive for consumers to purchase other products at normal prices. Many mobile carriers, for example, sell cell phones at hugely discounted rates so that consumers will sign on for one of their cell phone service packages.

Indicate which situations would require Zenda Company to record revenue in the current period.

Answers

Answer:

c & d

Explanation:

Option includes "a. Zenda is paid in advance for services to be performed in the next period. b. Zenda signs a contract with a customer to perform services in a future period. c. Zenda performs services for cash.  d. Zenda performs services on account."

Only Zenda Company performance of services for cash and on account will be recognized and will be recorded as revenue in the current period.

Television commercials are an example of which type of promotion?
1. Personal selling
2. Publicity
3. Advertising
4. Sales promotion

Answers

Answer is number 3 advertising

Answer:

The answer is Advertising.

Explanation: This is because, on TV, people get to see advertisements. So, when you see TV commercials, that is an advertisement type of promotion. Hope this helps!

Why should you memorize your social security number rather then carry your social security card in your wallet? Explain why you will need to provide your social security number to employers

Answers

Answer:

Hmm.

Explanation:

Why should you memorize your social security number rather than carry your social security card in your wallet?

One big reason why you should NOT carry your social security number on you is that you could get robbed at ANY moment. And if someone has your Social security number, then they could slander your name.

Explain why you will need to provide your social security number to employers.

You will need to provide your social security number to employers because they need to make sure that you are you.

'Why do employers need my social security number? If an employer decides to extend you an offer, they will eventually need your social security number to verify your identity and work authorization and perhaps to complete a background check. However, they don't need it in the initial hiring phase.'

Answer:

One big reason why you should NOT carry your social security number on you is that you could get robbed at ANY moment. And if someone has your Social security number, then they could slander your name.

Explanation:

name two methods used to measure inequality of income in a country​

Answers

The most commonly used inequality measure are the Gini coefficient ( based on Lorenz curve ) and the percentile or share ratios. This measures try to capture overall dispersion of income; how were they tend to people different leavles of importantance on the bottom middle and top end of distribution .

I hope it is helpful for you .

You can use the Lorenz curve and the Theil index

What are sets in set A and not in set B and C called?​

Answers

Explanation:

Set Difference: The relative complement or set difference of sets A and B, denoted A – B, is the set of all elements in A that are not in B. ... Then the set difference of A and B would be the $407 remaining in the checking account. Example: Let A = {a, b, c, d} and B = {b, d, e}. Then A – B = {a, c} and B – A = {e}.

Common Symbols Used in Set Theory

Symbols save time and space when writing. Here are the most common set symbols. In the examples C = {1, 2, 3, 4} and D = {3, 4, 5} Symbol. Meaning.

"Financial resources are the lifeblood of any office." Justify this statement.​

Answers

Answer:

This phrase states that financial resources are very important in any company, it represents "the lifeblood". In order to grow, any company needs financial support. The lack of money leads to problems within the company.

They are boosting production, generating jobs, and taking advantage of local and international economic prospects.

What is a resource?

A resource is any material that is obtainable to that in our surroundings that is commercially feasible, physically accessible, and environmentally desirable and that enables us to meet my wishes and needs.

Because banking is the golden key that grants all the resources necessary for someone to be engaged in producing and marketing processes, finance is regarded as the pulse of an industry. Effective financial administration is essential to a company's development.

Whatever the size of something like the organization, accounting is believed that it is the soul of a sector because it's necessary for all managers of a firm to achieve their objectives. When a company idea, financing is required from the outset.

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The Kingdom of Mocha enjoys no absolute advantage in crude oil, diamonds, or wool. However, the Mochans manufacture high-quality bows and arrows. Which statement about the Mochans is true?

Answers

Answer:

The Mochans have a comparative advantage in the production of bows and arrows.

Explanation:

Comparative advantage is defined as the ability of a country to produce a product at a lower cost compared to other countries.

In such a situation it will be cheaper for other countries to buy the products than to produce it themselves.

In this scenario the Mochans manufacture high-quality bows and arrows, so they have comparative advantage in producing these goods.

However they have no absolute advantage in crude oil, diamonds, or wool. So they do not have comparative advantage in producing these products and will be better off buying them from other countries that produce them at a cheap rate

Both consumers and organizational buyers purchase products online but:_____.

Answers

Here's the full question;

Both consumers and organizational buyers purchase products online but a much larger percentage of the total dollars sold online are ___ transactions. internet.

Answer:

consumer (retail)

Explanation:

Consumer buyers refer to all individual or personal purchases a case whereby the decision to buy is made by just an individual. However, Organizational buyers involved a decision process carried out by several individuals in an organization.

It is fair to say that consumer buyers perform online purchases more frequently than organizations, thus, a much larger percentage of the total dollars sold online are retail transactions.

Select the correct answer.
What effect does inflation have on the prices of goods and services?
OA.
Prices decrease.
OB.
Prices double.
Ос. .
Prices increase.
OD
Prices stay the same.

Answers

Answer:

Prices increase, C

Explanation:

Inflation is when the value of a dollar, or other currency type, drops. This happens most commonly when more money is being printed. The more there is, the less it is worth. This causes prices to increase.

Hope this helps

Answer:

A

Explanation:

if inflation of SUPPLIES then price will decrease.

If inflation of MONEY then yea the price would rise.

how do you manage scarce resources?​

Answers

By setting the rations ahead of time and sticking to the intended plan as best as possible. Understand your limits to know how to measure the resources.

Last year, Sams swimming pool cleaning had a gross profit of $105,355 and net income of $72,010. Calculate sams operating expenses for last year.
A.3,335
B.33,345
C.17,734
D.177,345

Answers

The answer is B. You subtract the profit and income and you should get 33,345.

The operating expenses for the last year in the books of Sam's is $33,345. Option B is correct.

What is the operating expense?

The costs of running business are known as operating expense, commonly referred to as selling, general, and administrative expenses (SG&A). Rent and utilities, sales and accountancy, marketing and advertising, and management and administrative wages are among them.

The cost of creating or delivering non-consumable pieces for the product or system is its counterpart, a capital expenditure.

Costs that aren't primarily connected to ongoing business activities are referred to as non-operating expenses. Interest on debt, restructuring charges, inventory write-offs, and payments to settle litigation are a few examples of non-operating expenditures.

Computation of Operating expense:

Operating expense = Gross Profit – Net Profit.

Operating expense = $105,355 – $72,010

Operating expense = $33,345.

Therefore, option B is correct.

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What is labor? give one example

Answers

Answer:

Work

Explanation:

Pls hurry ________structures are laid-back and undefined.
4.
A. Matrix
B. Learning
C. Informal
D. Staff

Answers

The answer I believe to be is C

Benjamin tells James at a company meeting that James has an unimportant job and still can't do it correctly. Benjamin is being ______. A. Communicative b. Intrepid c. Arrogant d. Humorous Please select the best answer from the choices provided A B C D

Answers

Answer:

C. Arrogant

Explanation:

May I have brainliest please? :)

Benjamin is being arrogant in nature when he told about James's job being less important and also that he doesn't do it correctly.

Option C is the correct answer.

What is arrogance?

Arrogance is a characteristic of a person who feels to be the most superior one and treats their subordinates as inferior ones. It is a kind of having egoism in oneself.

In the given statement, Benjamin talks negatively about the job of his employee, James right in front of the company's meeting. He says to him that his job is not so important and also states that his incapability for the concerned job. These statements portray the arrogant nature of Benjamin.

Being the employer, he must support his employee in the company's meetings even if his employee is doing any mistakes. He can personally guide him about his weaknesses rather than disgracing him in the meeting.

Therefore, the provided statement shows his arrogant behavior of Benjamin toward his employee James.

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who ever can make me laugh will 100.00 dollars in cash

Answers

Q: what do you say when you're going to drunk dial someone

A: Al-chol you

Answer:

What did one hat say to the other?

You stay here. I’ll go on ahead.

Explanation:

To arrive at an economic decision, a decision-making grid may be used to evaluate

Answers

this is correct productivity

To arrive at an economic decision, a decision-making grid may be used to evaluate Alternative choices of action. Thus the correct option is A.

What are economic decisions?

Economic decisions of the country is based on the economy which is calculated by determining the production and consumption that takes place within a specified period.

This economy reflects the economic resources which are useful in making economic decisions based on savings and investment as well as the distribution of commodities that takes place in a country.

To determine the best decision, alternative options should be evaluated in decision making a grid to make optimum utilization of resources and make an effective decision that helps in achieving growth.

Therefore, option A is appropriate.

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The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on the graph shows the current equilibrium price and quantity. To which point will the equilibrium shift if the demand increases suddenly because of a non-price determinan
t of demand?

Answers

Answer:

yes

Explanation:

Answer:

Point "B"

Explanation:

The following rule of thumb is to follow your equilibrium point. D2 "Demand Curve 2" and S1 "Supply Curve 1" illustrates how demand increases because of a non-price determinant.

(True/False) A decrease in demand means that quantity demanded is lower at each price level.

Answers

Answer:

True

Explanation:

A decrease in demand means that consumers plan to purchase less of the good at each possible price

One number that represents a group of numbers is called a/an

Answers

Answer:

Average.

Explanation:

One number that represents a group of numbers is called an average. The most commonly used average in the real world for the calculation of different parameters such as gross pay, average pay, price, quantity etc, is the simple average.

In order to calculate an average, the total number of items are added together and then divided by the number of items.

For example, find the average of the salaries of five (5) employees who earn $10, $5, $50, $20 and $15 respectively.

Given, number of employees = 5

Total sum of money earned = 10+5+50+20+15 = 100

Average = Total sum of money/number of employees

Substituting the values, we have;

Average = 100/5

Average = 20.

Hence, the average pay of the five (5) employees is $20. This $20 represents a group of salaries earned by the five employees.

When a calendar is made public, then anybody with the calendar's URL can: A. Modify the calendar. B. Delete the calendar. C. Change the calendar. D.View the calendar. E. Edit the calendar.

Answers

Answer:

edit

Explanation:

Yeung Corp. purchases supplies on account. Recording this transaction will include a:________

Answers

Answer:

A. debit to supplies.

Explanation:

These are the options for the question

A. debit to supplies.

B. debit to revenues.

C. credit to cash.

D. credit to supply expense.

From the question we were informed about how a Yeung Corp. purchases supplies on account.

In the case of Recording this transaction will include a "debit to supplies".

In the domain of finance,whenever there is purchases supply, then all the expenses on this purchase must have Debit balance.

This is because Debit to supplies is responsible for the cost of supplies involved in that particular transaction.

Answer:debit to supplies

Explanation:

an example of economic profit motive​

Answers

For example, a business might be willing to absorb lower profits and even losses in the present to strengthen its position and increase its market share so that it can earn higher profits in the future.

Ads sent via email must be designated as advertisements.
1. True
3. False

Answers

I think true,this is a right answer

What is form utility?

...help

Answers

Answer:

Utilities mean useful features, or something useful to the home such as electricity, gas, water, cable and telephone. Examples of utilities are brakes, gas caps and a steering wheel in a car. Examples of utilities are electricity and water.

hope this helped you

please mark as the brainliest (ㆁωㆁ)

Answer:

Form utility refers to how well a product or service meets the customer's needs.

For each transaction, enter a plus sign (+) in the appropriate column if the account classification asset, liability, or owner's equity is increased. Enter a
minus sign (-) in the appropriate column if the account classification is decreased. Both a plus sign (+) and a minus sign (-) can be entered, if
necessary
Trans. No. Assets = Liabilities + Owner's Equity
1
2
3
4
Save & Continue
Continue without saving
hp

Answers

Answer:

the question is incomplete, so I looked for similar ones:

Transactions: 1. Bought supplies on account. 2. Received cash from owner as an investment. 3. Paid cash for prepaid insurance. 4. Paid cash on account.

1) When you buy supplies on account, both assets (supplies) and liabilities (accounts payable) increase.

2) When a company receives cash from its owners, its assets (cash) and equity (paid in capital) increase.

3) When a company pays cash for insurance, total assets will not be affected because on asset account (cash) will decrease while other asset account (prepaid insurance) will increase.

4) Paying cash in order to cancel or partially pay for accounts payable will decrease both assets (cash) and liabilities (accounts  payable).

          Assets = Liabilities + Owner's Equity

1)              +             +                    

2)             +                                    +

3)           + / -

4)              -             -

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