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The goods is not considered in transit under the following cases, except:
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- Assume that a product sells for $100 per ton and thatPittsburgh is the basing-point city for calculating transportation charges. Shipping from Pittsburgh to a potentialcustomer in Cincinnati costs $10 per ton. The actual shipping costs of suppliers in three other cities are $8 per tonfor Supplier A, $11 per ton for Supplier B, and $10 per tonfor Supplier C. Using this information, answer the followingquestions:a. What delivered price would a salesperson for Supplier Aquote to the Cincinnati customer?b. What delivered price would a salesperson for Supplier Bquote to the Cincinnati customer?c. What delivered price would a salesperson for Supplier Cquote to the Cincinnati customer?d. How much would each supplier net (after subtractingactual shipping costs) per ton on the sale?Rule 5: transfer of property in unascertained and future goods by description and goods are unconditionally appropriated to the contact. where in pursuance of the contract the seller delivers the goods to the buyer or to a carrier to a dispatch to the buyer. Could you please explain me in simple words the meaning of this rule please?Which of the following contractn fall within the statute of frauds? O Any contract that requires a co-maker or a co-signer OAny contract involving real property Any contract for a loan over $5,000 that includes a repayment term of more than one year OA contract to marry None of the above
- RMC, Inc., is a small firm that produces a variety of chemical products. In a particular production process, three raw materials are blended to produce two products: a fuel additive and a solvent base. Each ton of fuel additive is a mixture of 2/5 ton of material 1 and 3/5 ton of material 3. A ton of solvent base is a mixture of ½ ton of material 1, 1/5 ton of material 2, and 3/10 ton of, material 3. After deducting relevant costs, the profit contribution is $40 for every ton of fuel additive produced and $30 for every ton of solvent base produced. RMC’s production is constrained by a limited availability of the three raw materials. For the current production period, RMC has 20 tons of material 1, 5 tons of material 2, and 21 tons of material 3 that are available for production. Assuming that RMC is interested in maximizing the total profit contribution, answer the following: a. Find the optimal solution. How many tons of each product should be produced, and what…Please help me with this carefully. Thank you.Help Save Suppose a corporation has two subsidiaries, one of which is unregulated and sells all of its output to the other, regulated subsidiary. Permitted profits at the regulated subsidiary are equal to 10 percent of total costs. The initial profit picture for the subsidiaries is provided in the table below: Unregulated Subsidiary Regulated Subsidiary Total $ 650,000 N/A revenue $ 350,000 $300,000 $1,000,000 $ 100,000 Total costs Total profit If the unregulated subsidiary doubles its selling price to the regulated subsidiary, what are the new profits at Instructions: Enter your responses as a whole number. (a) The unregulated subsidiary? profit = $ (b) The regulated subsidiary? profit = $ & 23 24 8. *00 w/ %S4
- You pawned your PSP at Pawnshop for P5,000 and agreed to pay theamount at the end of 9 months. The pawnshop gave you P4,000 cash after deductingthe interest in advance. What was the rate of discount?answer true or false for the folA local insurance company offers both home and auto insurance to four types of customers with the reservation prices listed in the figure below. Assume for simplicity that there is only one consumer of each type. Home Auto Bundle Customer A $90 $67 $157 Customer B Customer C Customer D $117 $87 $204 $103 $77 $180 $83 $52 $135 If the firm were to sell home and auto insurance separately, it would charge $83 for home insurance, $52 for auto insurance, and earn a combined revenue of $540. Determine the revenue the firm would receive if it used a pure bundle. Comparing the revenue of the pure bundle to the revenue of selling home and auto insurance separately, we can conclude that the reservation prices of the consumers must: O A. have no correlation B. be positively correlated C. be negatively correlated D. be serially correlated
- An agreement may be unenforceable because one party misrepresented a fact important to the bargain. True FalseWhich of the following is not one of the three types of Agreement that lack Consideration? Select one: O a. illusory O b. pre-existing duty O c. past consideration O d. covenant not to sueThese are defined as things with three or more years of useful life: O Durable goods O Services O Transfer payments O Non-durable goods