Marsha and Antonio make a contract in which Marsha agrees to sell Antonio an expensive and rare piece of art. In the contract, Marsha states that she has the authority to enter into an agreement with Antonio, that she owns the piece of art, and that the art is authentic and not a forgery. These statements are examples of: ______________

a. covenants.
b. representations and warranties.
c. choice of law provisions.
d. riders.

Answers

Answer 1

Marsha and Antonio's statements are examples of representations and warranties, as in a contract for the purchase and sale of a work of art there must be agreements that protect and benefit the parties.

Features of a contract

Corresponds to a formal and consensual document that must be based on legality to identify an economic transaction between two or more parties, establishing the rights and obligations of both.

Therefore, for it to be valid, the parties must be in full capacity and competence, in addition to the need for autonomy of will, the obligation and supremacy of public order.

The correct answer is:

B. Representations and warranties

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Related Questions

In a voluntary transaction between a buyer and a seller, both the buyer and the seller benefit. True False

Answers

Answer:

false

Explanation:

the transaction is going to the seller therefore the buyer will not benefit

According to a recent study, offering low-cost offices with basic services to new businesses in the early stages of development results in an 87% success rate of

Answers

The study shows that offering of low-cost offices with basic services to new businesses in the early stages of development brings about a 87% success rate of incubator.

Who does the Incubators entails?

The Incubators is a tool that offer a new businesses in the critical stage of early development low-cost offices with basic services such as accounting, legal advice, secretarial help etc

In conclusion, the study shows that offering of low-cost offices with basic services to new businesses in the early stages of development brings about a 87% success rate of incubator.

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In a sole proprietorship, the profits earned by the business are:_________
a) taxed as income for the business, but exempt from the personal income tax paid by the owner.
b) taxed at the lowest corporate rate.
c) the property of the owner, except for taxes owed to the government.
d) tax-free if the appropriate exemption is filed with the local government.

Answers

In a sole proprietorship, the profits earned by the business are the property of the owner, except for taxes owed to the government.

What is a sole proprietorship?

A sole proprietorship is a type of business that is owned by only one person.

What are the characteristics of a sole proprietorship?It is owned by one personThe business has unlimited liabilityThe business usually lacks continuity. This type of business usually ceases to exist when the owner diesThe business is usually not separated from the owner

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Issued by corporations, these financial instruments give their holders a class ownership in a company. They are riskier than bonds but less risky than the general class of ownership.

Answers

The answer is: Preferred stock

Which phrase best describes an income investment strategy? A. Building a diversified portfolio to generate income B. Focusing on cash investments C. Eliminating long-term retirement planning D. Keeping money in liquid, low-risk assets

Answers

Answer:

Building a diversified portfolio to generate income (A)

Answer:

A si your answer!!

Explanation:

What does the Beginning Balance column in the Trial Balance View in the Prep for taxes tool indicate

Answers

The beginning balance column in the tool indicates the balance in the clients account.

What is the prep for taxes tool?

This is an online tool that helps with the reviews of the account of a client online through the help of one dashboard.

The tool is also known to have a close resemblance to the trial balance.

These kind of tools are useful to theclient for their tax preparation.

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Combining the razor-razor-blade model and the subscription model means that telecom providers make their money through lengthy service plans, which in turn means that it is crucial that they keep their ______ rate, or the proportion of subscribers who leave, down. Multiple choice question. agency scorecard freemium churn

Answers

When razor-razor-blade model and the subscription model is been combined, it explains that telecom providers keeps their churn rate as they make their money through lengthy service plans.

What is razor and blades business model ?

The razor and blades business model  serves as a model which explains selling of an  item  at a low price so as to  increase sales of a complementary good.

This also helps telecom providers with their proportion of subscribers

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________________ is a goal statement, defining specific information needed to solve the marketing research problem.

a. Exploratory research
b. Marketing research objective
c. Management objective
d. Managerial decision problem
e. none of the above

Answers

A goal statement, defining specific information is required to solve the marketing research problem is called Marketing Research Objective.

What is Marketing Research Objective?

Market research objectives aim to uncover insights about the competition such as:

their weaknessesstrengthspotential influencerscustomer demographicsbrand awareness and the effectiveness of marketing campaigns

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The inflation rate:___________
a. calculates the percentage change in the overall price level.
b. describes the amount an economy can grow if the factors of production are used efficiently.
c. measures the rate of increase in the cost of imported goods.
d. cannot be accurately measured with the CPI.

Answers

The inflation rate measures the rate of increase in the cost of imported goods.

What is an inflation rate?The general price increase of particular goods and services over a predetermined period is measured by the inflation rate. Inflation is often measured and reported as a percentage and can be a sign of a deterioration in a country's currency's value or purchasing power.The inflation rate is typically calculated using the inflation rate formula:(B - A)/A x 100 where A is the starting number and B is the ending number.**

Therefore, the correct answer is option (c)

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Owen makes $25,000 a year. He has just inherited $100,000 dollars. Owen owes 25,000 and has 25,000 in savings. What is his wealth

Answers

Based on the given scenario Owen wealth is $100,000.

What is wealth?

Wealth simply means to have enough cash either at hand or in bank or  to be in possession of large amount of money or to have valuable assets that can be converted into cash.

Based on the given scenario the amount that was inherited by Owen which is the sum of $100,000 will be Owen wealth.

Inconclusion Owen wealth is $100,000.

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According to the national communication association, which skill is considered the most valuable by employers?.

Answers

Explanation:

Listening. Being a good listener is one of the best ways to be a good communicator. ...

Nonverbal Communication. ...

Clarity and Concision. ...

Friendliness. ...

Confidence.

Empathy. ...

Open-Mindedness. ...

Respect

According to the national communication association, communication skills are the one that is considered the most valuable by the employers. Therefore, the option B holds true.

What is the significance of communication skills?

Communication skills can be referred to or considered as the skills that help in determining and showcasing the level of proficiency that an individual has while being involved in a communication in a professional environment.

When employers are looking for suitable candidates, communication skills of the applicants are given the top priority in order to determine the capabilities of a person as an ideal and a potential employee to the company.

Therefore, the option B holds true and states regarding the significance of communication skills.

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The missing choices to the incomplete question have been added below for better reference.

A. Verbal

B. Communication

C. Linguistic

D. All of these

When automakers offer special price reductions on all their automobiles during holiday shopping seasons, they are using the _____ strategy.

Answers

discount pricing strategy

What is the most important factor in maximizing the positive effects of a diverse workforce within an organization

Answers

A clearly written policy manual is the most important factor in maximizing the positive effects of a diverse workforce.

What is Diversity?

This is defined as a state of having differing elements or background in a place. This leads to having lots of differences which can be effectively managed.

In a workplace, the best way to maximize its positive effects is by ensuring a clearly written policy manual so as to prevent conflicts.

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As Lily files her taxes, she learns that her federal total tax due ends up being $206. According to her Federal income tax withheld, how much of a tax refund can she expect back?

Answers

The tax refund that Lily can expect to get back from the tax authorities will be $15.80.

What is a tax?

A tax simply means the compulsory levy that's paid by the people and companies to the government.

In this case, the tax refund that Lily can expect back will be:

= 7.65% × $206

= $15.80

In conclusion, the correct option is $15.80.

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Daniel has an annual taxable income of $25,000 and pays $2,500 in income taxes. Julia has a taxable income of $45,000 and pays $5,000 in income taxes. This tax is:

Answers

The tax for both Daniel and Julia are progressive tax.

What is progressive tax?

Progressive tax is a type of tax in which an income is taxed as much as it increases. This tax type imposes lower tax rate on low-income earners than on those with a higher income.

This means that those who are rich with high income, pay more as tax compared to the poor. This will however create a more balanced economic condition within the society.

Hence, the tax for both Daniel and Julia are progressive tax.

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some organizations have platforms that allow employees to provide an anonymous feedback about the organ Behavior colleagues and seniors the primary purpose of such methods is

Answers

The platforms that gives an employees an opportunity to provide an anonymous feedback about the colleagues behavior is known as  whistleblowing platform.

What is whistle-blowing?

In a formal setting, a whistle-blow refers to a platform that allows people to tell authorities that the some people or group one is working for are doing something immoral or illegal.

In conclusion, this platform ensures a protection of whistle-blower nevertheless.

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which reading strategy refers to reading only the key words and phrases
A. guessing from context
B.paraphrasing
C.previewing
D.skimming

Answers

Answer:

answer is ... skimming

Explanation:

hope it helps

The months-of-supply for an item in inventory will always be ______ the days-of-supply for the identical item.

Answers

It can be deduced that the months-of-supply for an item will be less than the days-of-supply.

What is supply?

Supply simply means the quantity of goods and services that a supplier or producer is willing to sell at a particular time and a given price.

The months-of-supply for an item in inventory will always be less than the days-of-supply for the identical item.

In conclusion, the correct option is less than.

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How long after your refund is processed do you receive it.

Answers

Answer:

They will provide an actual refund date as soon as the IRS processes your tax return and approves your refund.

Explanation:

Reem and Maria are best friends. They entered into a partnership agreement. Each of them put up $5,000 for the flower shop that they established. They agreed that Maria will run the business and Reem will just share in the profits. Everything went well for three years. In the 4th year, because of the pandemic, the business ran into some financial problems. It could not pay the bank loan in the amount of $30,000.000. Reem, who is employed with an airline company, had money in her savings account in the amount of BD50,000.000. Maria only had BD2,000.000 in her account. The bank took BD30,000.000 from Reem’s account and because of it, she complained to the bank. Was Reem right in her claim that she should

not be made to pay the BD30,000.000? If yes, why? If no, why not? Justify your answer citing the part of the lesson discussed in class.

Answers

Explanation:

Yes because Maria was the one who runs the business so she should pay for the Loss made

When launching a new clothing line, a company must focus primarily on the needs and wants of ______.

Answers

consumers I hope it helps

Strategic positioning attempts to achieve sustainable competitive advantage by ______. Multiple choice question. preserving what is distinctive about a company performing similar activities as those of rivals and in similar ways changing key aspects of a company's identity creating a meaningful mission statement

Answers

The manager is handling the case as an

Organisational opportunity

Option A

Organisational opportunity

Generally,Organisational opportunities that have favorable external factors that would give an organization the  advantage over there competitors

Therefore, how I think the manager is handling the case is by seeing it as Organisational opportunity

Option A

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At a price of $150, a cell phone company manufactures 200,000 units. At a price of $250, the company manufactures 400,000 units. What is the price elasticity of supply

Answers

Based on the information given the price elasticity of supply is 1.33.

Price elasticity of supply

Price elasticity of supply=(400,000-200,000)÷(200,000+400,000/2)÷(250-150)/(150+250/2)

Price elasticity of supply=(200,000)÷(600,000/2)÷(100)/(400/2)

Price elasticity of supply=(200,000÷300,000)÷(100/200)

Price elasticity of supply=0.6666/0.5

Price elasticity of supply=1.33

Inconclusion the price elasticity of supply is 1.33.

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How are delivery drivers able to meet the delivery timelines selected by customers when purchasing products?.

Answers

Delivery drivers are able to meet the delivery timelines selected by customers when purchasing products by using : A GPS to avoid traffic delays.

What is product delivery?

Product delivery refers to the process of moving goods and services from one place to another. This process entails getting the goods produced either to a place where they will be sold or to final consumers.

The use of GPS enable us delivery drivers avoid traffic delays by informing them ahead where there are traffic.

Hence, delivery drivers are able to meet the delivery timelines selected by customers when purchasing products by using a GPS to avoid traffic delays.

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Assumed that you need to supply a school canteen of bottled mineral water, 500 ml with a cost of P6.50/bottle, how do you determine the price per bottle? Explain your answer by showing your computation​

Answers

Based on the cost of the bottle, the price of the bottle can be determined by a markup percentage.

What is a markup percentage?

In order to determine the price of the bottle, you should use a markup percentage which will be based on your required profit level.

For instance, if you want to make a 40% profit on the cost then use a 40% markup to find the price as:

= Cost of bottle + (Cost of bottle x 40%)

Solving gives:

= 6.50 + (6.50 x 40%)

= $9.10

In conclusion, use a markup percentage.

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Discontinuous change is characterized by _____, in which an old technology and several different new technologies compete to establish a new technological standard or dominant design.
a. technological singularity
b. design substitution
c. design competition
d. technological lockout

Answers

Discontinuous change is also characterized by design competition, in which the old technology and a lot different new technologies compete to set up a new technological standard.

What is a discontinuous change?

Discontinuous change, also known as discontinuous technological change, is a term that connote the  external alterations that needs internal adaptation.

This is one that is found on a path that is said to be nonlinear and it is also relative to the company's traditional innovation trajectory.

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A product has a selling price of $10 per unit, variable expenses of $6 per unit and total fixed costs of $35,000. If 10,000 units are sold, net operating income will be $.

Answers

If 10,000 units are sold, net operating income will be $5,000.

Net operating income

Using this formula

Net operating income =[(Selling price-Variables expenses)×Units sold]-Total fixed costs

Let plug in the formula

Net operating income=[($10-$6)x10000] - $35000

Net operating income =($4×10,000)-$35,000

Net operating income =$40,000-$35,000

Net operating income =$5,000

Inconclusion  if 10,000 units are sold, net operating income will be $5,000.

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Damien, an HR manager at Guidelines Inc., is preparing for a 5 percent increase in the production labor force next year. To do this, he needs to determine what the current number of production employees is and how the number is likely to change by the end of the year. To help with this analysis, Damien should use a

Answers

The best analysis that Damien can used to determine the current number of production employees and how the number is likely to change is the transitional matrix.

What is the transitional matrix?

A transitional matrix refers to an square matrix analysis tool that gives the probabilities of different states or condition going from one to another.

In conclusion, the transitional matrix will allows Damien to determine the current number of production employees and how the number is likely to change through probability analysis.

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Beatrice, a sales manager at Nelson Electronics, put in place a generous commission plan for her sales staff: the more they sell, the more they earn. This commission plan is designed to fulfill her salespeople's drive to ______.

Answers

The value that Beatrice is trying to fulfill using the commission plan that is found in her salespeople is the drive to Acquire.

What is the drive to acquire?

It is a human value that drives our need to gain more resources to better our lives.

Beatrice is trying to use that to the company's advantage by essentially telling her salespeople that the more they sell for the company, the more resources (pay) they can acquire.

In conclusion, this is the drive to acquire.

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The pay-as-you-go model is ______. Multiple choice question. becoming increasingly niche gaining momentum difficult to apply outside its traditional functions dying out

Answers

There are different strategies. The pay-as-you-go model is gaining momentum.

What is the pay as you go business model?

The pay-as-you-go business model is known to be a model that helps consumers to make a kind of one-time purchase of a product or service without subscribing  for a regular payment for that product.

This business model is seen and used in many firms, such as telecommunications, advertising, software-as-a-service and others.

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