Kansas Uniform Commercial Code (UCC)‚ the plaintiff claim that there was a breach of an express warranty by the defendant. The acquired good did not perform. A jury in the state of Kansas found in favor of the plaintiff. The defendant appeals the decision. Facts: A suit was filed suit in the United States District Court for the District of Kansas against the defendant for breach of an express warranty under Kansas law‚ the plaintiff claim that the item that was acquired failed to perform‚ the
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estimated. Common examples are employee benefits such as pensions‚ heath care and vacation pay‚ and warranties offered by a seller (Fundamental Accounting Principles‚ Chapter 11‚ Pg 437). When a firm sells products or renders services with a warranty‚ the firms has an obligation towards the customer when the warranty is honored. The warranty liability is an estimate of the obligations. Hence‚ a product warranty for some product is based on expected breakdowns‚ the probability that the product is returned
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standard cost system. Due in large part to early childhood conditioning. Madison does as Simon says. Each rust belt shop provides two services: 1. Replacement of non Madison mufflers and pipes with modern Madison mufflers and pipes. 2. Warranty replacement of defective Madison mufflers and pipes with new Madison mufflers and pipes. These services require materials( including corrosion treatment) and direct labor. Materials purchases‚ installation procedures‚ and labor allocation are
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Sample of Documents: Letter of Appointment Date : Our Ref. : LETTER OF APPOINTMENT (TO WHOM IT MAY CONCERN) We hereby certify (Name of Company)‚ a company incorporated in the Republic of Singapore having its principal place of business at (Singapore Address of Company)‚ (Postal Code) is pleased to confirm the appointment of: (Name of Indonesian Company) (Company / Office Address) As our Agent / Distributor (exclusive or non-exclusive) for the Territory of the Republic of Indonesia for
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[pic] Situational Analysis Easton Bell Sports‚ Inc. APRIL 20‚ 2011 [pic] [pic] *OVERVIEW* Easton Bell Sports‚ Inc. is a leading designer‚ developer in sporting good products and accessories. Easton provides products from youth levels to professional athletes‚ who want innovative and top of the line products. Easton’s design and technology of Composite‚ Aerospace Grade Fibers‚ Scandium and Aluminum Alloy’s has led them to be one of the best in cutting edge performance equipment. Easton’s
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MARINE INSURANCE ACT 1963 THE MARINE INSURANCE ACT‚ 1963 ACT NO. 11 OF 1963 [18th April‚ 1963.] An Act to codify the law relating to marine insurance. BE it enacted by Parliament in the Fourteenth Year of the Republic of India as follows:-Short title and commencement. 1. Short title and commencement. (1) This Act may be called the Marine Insurance Act‚ 1963. (2) It shall come into force on such date 1* as the Central Government may‚ by notification in the Official Gazette‚ appoint. Definitions.
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Ketchman Professor Campos Procurement and Contract Law March 11‚ 2013 Warranties are not mandatory for the government and it is up to the Contracting Officer (CO) to decide if one is needed for the services or supplies they are procuring. Warranties fall under two categories; express and implied (Feldman‚ 2012). The Federal Acquisition Regulation (FAR) Subpart 46.7 Warranties covers the requirements and criteria of warranties that the CO must follow. According to FAR 46.703 the CO has to consider
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Uniform Commercial Code (UCC)‚ the plaintiff claim that there was a breach of an express warranty by the defendant. The acquired good did not perform. A jury in the state of Kansas found in favor of the plaintiff. The defendant appeals the decision. Facts: Transamerica Oil Corporation is looking to recover damages done by Baker International Corporation and its subsidiary‚ Lynes Inc for the breach of an express warranty. Transamerica is in the business of drilling and completing oil and gas wells. They
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E13-1 (Balance Sheet Classification of Various Liabilities) How would each of the following items be reported on the balance sheet? a) Current Liability b) Current Liability c) Current or long-term liability (dependent on term of warranty) d) Current liability e) Current liability f) Current liability g) Current or noncurrent (dependent on time involved) h) Current liability i) Current liability j) Current liability k) Deduction from face value of note l) Disclose in footnote m) Current
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accepting the terms and completing the order‚ Richard noticed a hyperlink reading‚ “PLEASE CLICK TO SEE OUR IMPORTANT WARRANTY POLICY.” Due to his technological naivety and old fashioned business savvy‚ Richard relied on the hyperlink’s language and the website’s advertising to conclude the product was suitable for personal and small business application and included an “important warranty policy.”
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