You buy a boat from the owner of a bicycle shop. There is no implied warranty of merchantability that covers the boat.
True or False?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “You buy a boat from the owner of a bicycle shop. There is no implied warranty of merchantability that covers the boat. True or False? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
When will the wages per hour go up to 11.00 dollars per hour in 2017?
Answers (1)
Synergy Inc. manufactured 5,000 units during the month of March. They incurred direct materials cost of $100,000 and overhead cost of $40,000. If their per-unit prime cost was $26.
Answers (1)
When is buying a house and renting it out a profitable venture? a. Renting is profitable only when one has enough money set aside to pay for the house in full. b.
Answers (2)
If net income for a proprietorship was $50,000, the owner withdrew $20,000 in cash, and the owner invested $10,000 in cash, the capital of the owner increased by $40,000. True False
Answers (1)
in 2019, Norma sold Zinc, Inc., common stock for $100,000 cash and a note receivable for $900,000. The note was due in 2020 with accrued interest at the Federal rate. Norma's basis in the stock was $250,000.
Answers (1)
New Questions in Business
On November 10 of the current year, Flores Mills sold carpet to a customer for $8,500 with credit terms 2/10, n/30. Flores uses the gross method of accounting for sales discounts.
Answers (1)
The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used 40 comma 000 Actual rate per hour $ 12.00 Standard rate per hour $ 11.
Answers (1)
As a result of the increase in malpractice insurance premiums, the concept of defensive medicine has been introduced which means that providers often order more tests and provide more services than necessary to protect themselves from malpractice
Answers (1)
Langhurst Company sold hardware for $12,000 cash and $18,000 of hardware to credit customers. Which of the following is the correct journal entry to record this transaction?
Answers (1)
Select either true or false for the following statements. 1. Relevant costs are also known as unavoidable costs 2. Incremental costs are also known as differential costs 3. An out-of-pocket cost requires a current and/or future outlay of cash. 4.
Answers (1)