Crytrin Manufacturing, Inc contracted with Molfrey, Inc to manufacture three large pieces of equipment. The contract contained a clause stating that Crytrin agreed to repair or replace any defective equipment, but that was the only remedy Molfry would have. This clause
a. is an effective disclaimer.
b. will not keep Molfry from obtaining consequential damages since, under the UCC, consequential damages cannot be excluded.
c. is a limitation of remedy clause, which limits or excludes normal remedies permitted under the UCC.
d. limits any express warranties made by Crytrin.
c
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Wexford Co purchased a new delivery truck at the beginning of 2016 . The truck has a cost of $37,000, an estimated life of 5 years, and an estimated residual value of $7,000 . A full year's depreciation expense is to be recorded in 2016 . The truck was driven 20,000 miles during 2016 and 24,000 miles during 2017 . The number of expected miles over five years is 100,000. Refer to information for
Wexford Co What is the amount by which double-declining-balance depreciation exceeds straight-line depreciation over the 5-year life of the truck? a. $ -0- b. $ 7,000 c. $37,000 d. $ 6,000
A nonprofit that qualifies under Section 501(c)(3) must limit its expenditures on ______.
A. lobbying B. health care C. staff salaries D. legal counsel
Which of the following would be an example of “stewardship” as described by the 1994 interfaith declaration?
a. a coworker admitting to an unethical interaction with a customer b. a CEO approving purchase of a technology that would help reduce pollution c. a manager implementing sanctions against a department that violated the company’s code of ethics d. a customer reporting a corporate seller to the Better Business Bureau
Compare and contrast the three major segmenting strategies
What will be an ideal response?