Under the UCC, implied warranties on goods include:
a. warranty of price, warranty of commercial practicability and warranty of origin.
b. warranty of title, warranty of merchantability and warranty of fitness for a particular purpose.
c. warranty of price, warranty of quantity and warranty of title.
d. warranty of title, warranty of price and warranty of origin.
b
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Which conflict management strategy would be considered the most desirable in an organizational setting and why?
What will be an ideal response?
The transition when the expatriate has completed the international assignment and returns home is known as ______.
A. expatriation B. repatriation C. reverse culture shock D. reentry shock
Which of the following is not typically identified as a potential problem associated with interviewer perception in selection interviewing:
a. ‘halos and horns’ b. stereotyping c. cold-shouldering d. first impressions
Collins GroupThe Collins Group, a leading producer of custom automobile accessories, has hired you to estimate the firm's weighted average cost of capital. The balance sheet and some other information are provided below.
Assets Current assets$ 38,000,000 Net plant, property, and equipment 101,000,000 Total assets$139,000,000 Liabilities and Equity Accounts payable$ 10,000,000 Accruals 9,000,000 Current liabilities$ 19,000,000 Long-term debt (40,000 bonds, $1,000 par value) 40,000,000 Total liabilities$ 59,000,000 Common stock (10,000,000 shares)30,000,000 Retained earnings 50,000,000 Total shareholders' equity 80,000,000 Total liabilities and shareholders' equity$139,000,000 The stock is currently selling for $15.25 per share, and its noncallable $1,000 par value, 20-year, 7.25% bonds with semiannual payments are selling for $875.00. The beta is 1.25, the yield on a 6-month Treasury bill is 3.50%, and the yield on a 20-year Treasury bond is 5.50%. The required return on the stock market is 11.50%, but the market has had an average annual return of 14.50% during the past 5 years. The firm's tax rate is 25%. Refer to the data for the Collins Group. Based on the CAPM, what is the firm's cost of common stock? A. 11.15% B. 11.73% C. 12.35% D. 13.00% E. 13.65%