U just need to give introduction and conclusion to this question.i have received the answer already.just the introductory para missing.
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U just need to give introduction and conclusion to this question.i have received the answer already.just the introductory para missing.
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- Eastman Kodak Co. (Kodak) manufactures and sells photocopiers and micrographic equipment. In addition, Kodak provides customers with service and replacement parts for its equipment. Kodak produces some of the parts itself. The other parts are made to order for Kodak by independent original equipment manufacturers (OEMs). Rather than selling a complete system of original equipment, lifetime parts, and lifetime service for a single price, Kodak furnishes service after an initial warranty period, either through annual service contracts or on a per-call basis. Kodak provides between 80 and 95 percent of the service for Kodak machines. In the early 1980s, independent service organizations (ISOs) began repairing and servicing Kodak equipment, as well as selling parts for it. ISOs kept an inventory of parts, purchased either from Kodak or from other sources (primarily OEMs). In 1985, Kodak adopted policies designed to limit ISOs’ access to parts and to make it more difficult for ISOs to…Which of the following is true of consignment arrangements? a. In consignment arrangements, the sellers earn a fee when the consigned goods are sold. b. Retailers find consignment arrangements unattractive because these result in increased investment in inventory for them. c. Goods are included in the seller's inventory under consignment arrangements.Hi, my name is Nicole and I need your help urgently! I saw a puppy on facebook which I saw advertised through a mutual friend. The seller asked me to pay £3000 upfront to hold the puppy, which I was ok with as I have done my research and the breeder said they had a KC Registered certificate. So I have sent the breeder £3000 via bank transfer last week. I was meant to pick up the puppy today and when I checked the breeders address on Facebook they no longer exist! (**crying**) I can’t pay for my bills or buy food for the kids because this was the last of my money this month. (**angry**) You and Monzo need to protect me against scams like this! I want to raise a complaint to get all my money back straight away! what would be the best response to this scenario? what solutions would you give to this person?
- Gamestop Corp. said the following about its gift card sales in its most recent (2019) annual report:“We establish a liability upon the issuance of merchandise credits and the sale of gift cards. Revenue is subsequently recognized when the credits and gift cards are redeemed.”When Gamestop sells merchandise to a customer who is using a Gamestop gift card to purchase the merchandise, what is the impact on Gamestop’s financial statements? (Ignore any inventory effects) Liabilities decrease and cash decreases Liabilities increase and the Income Statement decreases Liabilities decrease and the Income Statement increases Liabilities decrease and cash decreases No effect because the transaction was already booked when the customer purchased the gift cardWrite a business letter based on the context below: To attract customers, your company advertised a 10 percent discount of first-time orders from November 2-8. Although the advertisement clearly stated that this special offer applies only to orders from Nov 2-8, an order arrives today (Nov 9) from a client, Mr. Kenneth B. Abellera, purchasing agent of ABC Enterprises, requesting for the 10- percent discount. As sales representative for your company, write to Mr. Abellera. Explain that you can fill the order promptly but that the 10 percent discount is no longer available. The address of ABC Enterprises is 10 Paris Road, California.Find the last date the cash amount is available and the date on which the net amount is due. Invoice date= April 14 Terms 2/10 , n/30 Date goods received= April 16
- Great Vegetables, Corp. a wholesale vegetable distributor in the Bronx, buys and prepays for a trailer load of tomatoes for $20,000.00. The tomatoes are sold by Texas Tomatoes, Inc., a selling cooperative of Texas farmers and transported to New York by an independent truck driver from Louisiana. The truck shipment is arranged by an Oklahoma truck broker from his/her office in Oklahoma. When the tomatoes arrive at Great Vegetables, Corp. two weeks later they are rotten. The Texas farmers and the truck broker have not physically done anything in New York. Great Vegetables, Corp. sues Texas Tomatoes, Inc., the truck broker and the truck driver in a New York State court and the summons is served on each of them outside New York State. Explain the reasons why Great Vegetables, Corp. could argue that the New York State court has personal jurisdiction over each defendant.Assume you are the attorney for defendants Texas Tomatoes, Inc. the truck broker and the truck driver. why personal…Ownership of Inventory Explain the implications relating to ownership when goods are: a. In transit (FOB) Shipping Point b. In transit (FOB) Destination c. On ConsignmentBelletricity Inc., a medium electronic circuit board manufacturer in the US, is a long-term supplier to Morden Equipment (ME). ME is Belletricity’s only client. Every year, Belletricity sells around 5 million circuit boards to ME, which occupies Belletricity’s full production capacity. In 2012, ME informed Belletricity that due to business expansion, ME would increase the purchase from 5 million to 15 million starting from 2013. Belletricity has been selling circuit boards at the unit rate of USD 0.8 to ME so far. Due to the future increase of the buying volume, ME therefore asked Belletricity a price cut to USD 0.6 each. After negotiation, ME agreed to buy from Belletricity at the price of USD 1.00 starting 2013, for three years consecutively, till 2015. a) What was the rationale behind that ME agreed to pay a higher price to buy from Belletricity for the next three years? b) Why could Belletricity successfully persuade ME to accept her requested price?
- Angie needed a new refrigerator after her old one stopped working and couldn’t be repaired. At the appliance store, she ended getting a new refrigerator plus a new stove and dishwasher because the sales associate showed her that by buying all three, should could save money that she could save not buying any of the items separately. The store used what kind of adjustment to the base price? . Quantity discounting b. Rebates c. Bundling d. FinancingMr. Lopez's kitchen sink started flooding and spilling water all over the kitchen. He decided to call Paul's Famous Plumbing to take a look at the sink. When Paul assessed the sink, he told Mr. Lopez that the lower P-Trap pipe was cracked and a new pipe was needed. Paul told Mr. Lopez that the service will cost $50 but it will not include the cost of the new pipe. If Mr. Lopez wants, Paul can provide the P-Trap pipe for an additional $10 or Mr. Lopez can go to the local home improvement store and buy the pipe himself. This is an example of? O Common Law O U.C.C. O Unilateral Contract O Detrimental Reliance O None of the AboveAisha runs a small home-made snack that sells many small cookies which she sells to the customers and also to another shop. During a busy situation, the fryer breaks down and because of that, Aisha cannot make the snacks as she does not has any replacement. The broken part needs to be replaced by the manufacturer of the fryer. Aisha then calls Jim, a delivery man to take the broken part and send them to the manufacturer. When Jim collected the part, he told Aisha that the part will be delivered later that day to the manufacturer. Aisha stresses the importance of the quick delivery as the snack business will close. Jim later forgot to deliver the part that day up to another 5 days. As the impact, Aisha's business close for 7 days and suffering for significant losses including not able to sell the snacks to the customers and other shops and a cancellation of $3,000 office party that was scheduled to be held at her place during the close. Refer to the relevant common loaw rules and cases…