Which of the following contracts is subject to the Convention on Contracts for the International Sale of Goods (CISG)? A contract for the sale of business goods between a seller in California and a buyer in Oklahoma.

A contract for the sale of a parcel of land located in North Dakota from a seller residing in Mexico to a buyer residing in Michigan.
A contract for the sale of consumer goods between a seller in California and a buyer in Oklahom
A contract for the sale of business goods from a seller in Mexico to a buyer in Michigan.

Answers

Answer 1

The CISG governs this contract since it fulfills the requirements of the application of the CISG.

The contract for the sale of business goods from a seller in Mexico to a buyer in Michigan is subject to the Convention on Contracts for the International Sale of Goods (CISG).Explanation:A legal framework is established to create clarity in cases of international trade. The Convention on Contracts for the International Sale of Goods (CISG) is one of these legal frameworks that governs international commercial transactions for goods.The CISG is applicable to international contracts of sale of goods between parties whose places of business are in different states, and when the countries of the parties have either ratified the Convention or are contracting parties with reservations that do not exclude application of the CISG.The contract for the sale of business goods from a seller in Mexico to a buyer in Michigan is subject to the Convention on Contracts for the International Sale of Goods (CISG). Therefore, the CISG governs this contract since it fulfills the requirements of the application of the CISG.

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Related Questions

Return to the final example of section 5.5, in which the demand for AIDS drugs was QN = 100−P in North America andQ S = α100 − P in Sub-Saharan Africa. Show that with marginal cost = 20 for such drugs, it must be the case that α > 0.531 if the drug manufacturer is to serve both markets while charging the same price in each market. (HINT: Calculate the total profit if it serves only North America and then calculate the total profit if it serves both markets. Then determine the value of α for which the profit from serving both markets is at least as large.)

Answers

The drug manufacturer must have α > 0.531 to serve both markets while charging the same price in each market and make at least as much profit as it would by serving only North America.

To serve both markets while charging the same price in each market, the drug manufacturer must set the marginal revenue in each market equal to the marginal cost. Given the demand and supply equations, we have:

MRNA = ∂TRNA/∂QA = (100 - 2QA - QS)/2

MRSSA = ∂TRSSA/∂QS = (α100 - 2QS - QA)/2

Setting MRNA = MRSSA = 20, we get:

QA = 40 - 0.5QS

QS = (α80 - QA)/2

Substituting the first equation into the second, we get:

QS = (α80 - (40 - 0.5QS))/2

QS = 20α/3 + 20/3

Total quantity supplied is QS + QA, so we have:

Q = 60 - QS/2 - QA/2

Q = 60 - (10α + 10)/3

Total revenue is TR = PQ, where P is the price charged in each market. We have:

TRNA = PQA = P(40 - 0.5QS)

TRSSA = PQS = P(α80 - QS)/2

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Explain the hipp of the primary sources below source: letter written by john rolfe

Answers

The correct answer to this open question is the following.

Explain the HIPP of the primary sources below source: "letter written by John Rolfe."

"H" stands for Historical context. John Rolf was an important component in the foundation and success of the Jamestown, Virginia colony, in the North American territory. In the letter, he explains the Governor of the colony, Thomas Dale, his reasons to marry Pocahontas, a Native American Indian woman.

"I" stands for the Intended audience. The Governor of Jamestown, Virginia colony, Thomas Dale. The intention of John Rolfe was to clearly explain his motives, trying to maintain his intact reputation before the people of Jamestown.

"P" stands for Purpose. Rolfe wanted the approval of the Governor, knowing that in those years, Native American Indians were considered savages that first needed to be converted to the Christian religion to be accepted in the colonial society.

"P" stands for Point of view. In this part, we have to understand the point the author is trying to convey. In this case, John Rolfe, an English man, and an important figure that brought the toc¿bacco seed from the Caribbean Islands to grow tobacco crops in Jamestown and made tobacco the king of crops in Virginia wanted to justify his actions but not wanted to compromise his position before the Jamestown society.

Unearned revenue, for services to be performed in six months, appears on the balance sheet as ________.
A) long-term investments
B) current liabilities
C) current assets
D) long-term assets

Answers

Unearned revenue, for services to be performed in six months, appears on the balance sheet as current liabilities. Therefore, the correct answer to the question is B) current liabilities.

Current liabilities are obligations that a company is expected to pay within one year or within the normal operating cycle of the business, whichever is longer. Unearned revenue is a current liability because the services for which the payment was received will be performed within the next six months.

The balance sheet is a financial statement that reports a company's assets, liabilities, and equity at a specific point in time. It provides investors, creditors, and other stakeholders with information about the financial health of the company. The balance sheet formula is Assets = Liabilities + Equity.

Unearned revenue is reported on the balance sheet under the liabilities section. It is usually listed as a separate line item and is reported at the amount received from the customer. When the services are performed, the liability is reduced, and revenue is recognized.

In conclusion, unearned revenue is a liability that appears on the balance sheet as a current liability until the services are performed or the products are delivered. It is important for companies to properly account for unearned revenue to ensure accurate financial reporting and compliance with accounting standards.

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Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about
doubling your money every day. This information is

reliable and relevant
unreliable and relevant
reliable but Irrelevant
unreliable and irrelevant​

Answers

Answer:

When Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about  doubling your money every day.

Unreliable and relevant

Explanation:

The reasons behind this answer are that at the first pace is relevant because she was looking for a place to use her savings to make more money. However, this is not a very reliable source of information because it is a random website and has no way to verify the authenticity and security of the operations that she could potentially make on it.  

Unreliable and relevant

Explanation:

First off it is Very Unreliable because you cant just double your money, that money will NEED to be earned by work which takes time, This is relevant because it seems like a relevant idea to people to just double money but just because this is relevant does not make it Reliable, therefore making this Answer "Unreliable and relevant."

The personnel department of Credit Counselors is preparing annual reports on employee benefits. Vincent Tucker's gross annual salary is $36,500. His benefits total $10,079.71. What percent of his annual salary are Vincent's total annual benefits?

Answers

Answer:

The percent of his annual salary which are total annual benefits is 27.62%

Explanation:

The value of annual benefits as a percentage of gross annual salary can be calculated by taking the value of annual benefits and dividing it by the gross annual salary.

Percentage = Annual benefits / Gross annual salary

Percentage = 10079.71 / 36500

Percentage = 0.276156 or 27.6156% rounded off to 27.62%

Which of the following accounts has a normal debit balance?
Rent Receivable
Interest Payable
Prepaid Legal Fees
both a and c

Answers

Among the options given, Prepaid Legal Fees is the account with a normal debit balance. the correct answer is option C - Prepaid Legal Fees.

Prepaid legal fees refer to legal costs paid beforehand by a company or an individual. A prepaid expense is also a type of deferred expense that appears as an asset on the balance sheet of a company. In financial accounting, there are two types of accounts: debit and credit. When it comes to prepaid legal fees, a normal balance refers to a debit. This means that if a company has prepaid legal fees, they should record them as an asset on their balance sheet, with the amount debited. Thus, Option C - Prepaid Legal Fees - is the correct answer. Rent Receivable is a liability account that has a normal credit balance, while Interest Payable is also a liability account that has a normal credit balance. Therefore, both options A and B are incorrect. Hence, the correct answer is option C - Prepaid Legal Fees.

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Which type of financial aid is often based on merit, as opposed to financial need?

Answers

Answer:

Scholarships

Explanation:

Merit-based aid goes to students based on their academic and/or extracurricular achievements rather than their financial need. Scholarships are the most common type of merit-based aid. Students may receive scholarships from nonprofit organizations, private businesses, and colleges and universities.

hope it helps you and give me a brainliest

Answer: scholarships

Explanation:

Mandatory government spending includes which of the following?
a. Infrastructure and science
b. Social Security and Medicare
c. Healthcare and military
d. Education and agriculture

Answers

Social Security and Medicare is the Mandatory government spending. Hence, option B is correct.

What does government spending include?

The federal government spends money on many different things, including Social Security and Medicare as well as military hardware, upkeep of the country's roadways, construction development, research, and education. These expenses can be divided into two groups: necessary and discretionary.

Examples of obligatory spending include contributions to entitlement systems like Social Security and Medicare as well as required interest payments on the national debt. Nearly two thirds of all federal spending is accounted for through mandatory spending.

Thus, option B is correct.

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why is market development necessary ?

Answers

A marketing development strategy is important because it helps a business grow and reach new customers in a planned, structured way. Expanding your audience creates the potential for more leads, more sales, and more revenue, but in-depth research is essential to make sure there's value in targeting new customers.

What should you avoid using when writing a formal email?
O An official signature
O Emojis
O Familiar acronyms
O Last names

Answers

Emojis
Emojis are not formal and they should not go in a formal email

Answer:

emojis

Explanation:

You have a bachelor's degree and want to get your
master's degree. How many additional years do you
need to study?
A. 8 years
B. 4 years
O C. 2 years
D. less than 1 year

Answers

Answer: C. Two Years

Explanation:

.. .

Yes, The answe is C, two.

Explanation:

My cousin is in college right now (studying from home) and she is working on her master’s degree and shs said it takes up to 1 and half, 2 or sometimes 3 years. It mostly depends on the subject but to be safe, i’d say two :) hope this helps!

The first thing that the customer needs to do to take a loan is

Answers

is a bank account because how their going to take a loan with no bank account

Why is it hard to predict positive Moments of Reality (MORs)? A. Because they are negatively influenced by lifetime customer value. B. Because they differ by customer, and by time of year. C. Because most companies use moments of truth, which are in conflict with Moments of Reality. D.Because it is difficult to tell if a Moment of Reality is negative or positive.

Answers

Answer:

B. Because they differ by customer, and by time of year.

Explanation:

Moments of reality are hard to predict as it varies from customer to customer. All customers have different values and they rate a product or service according to their own values. Moments of reality can be positive or negative and they are influenced by customer experience.

highlight four reasons why a seller would prepare a proforma invoice???​

Answers

Answer:

Pro forma invoices are sent to buyers ahead of a shipment or delivery of goods or services. Most pro forma invoices provide the buyer with a precise sale price. A pro forma invoice requires only enough information to allow customs to determine the duties needed from a general examination of the included goods.

Explanation:

hope i help

suggest any 5 methods by which the condition of technical education can be improved ​

Answers

Answer:

Acknowledge and address overcrowding.

Make funding schools a priority.

Address the school-to-prison pipeline.

Raise standards for teachers.

Put classroom-running and curriculum-building decisions in the hands of the community.

Explanation:

Technology can be utilized to improve teaching and learning and help our students be successful. ... Through the use of learning management systems (LMS) students can access online resources to get assistance on demand beyond the physical reach of their teacher. Technology can also extend education in another way.

assisted projects aimed at improving technical and vocational education. Introduction ... priorities as defined by aid recipients (see, for example, Gray &.

Technical education is a term applied to schools, institutions, and educational programs that specialize in the skilled trades, applied sciences, modern technologies.

In fiscal 2015, Macy's reported cost of goods sold (before shrinkage) of $16. 5 billion, ending inventory for 2015 of $5. 5 billion, and ending inventory for the previous year (2014) of $5. 4 billion. Required: If the cost of inventory purchases was $16. 9 billion, what was the cost of shrinkage during 2015?

Answers

In fiscal 2015, Macy's reported a cost of goods sold of $16.5 billion, ending inventory for 2015 of $5.5 billion, and ending inventory for the previous year of $5.4 billion. The cost of shrinkage during 2015 for Macy's was $16.4 billion.

Shrinkage refers to the loss of inventory due to theft, damage, or other factors. To calculate the cost of shrinkage during 2015, we need to determine the change in inventory value and subtract it from the cost of goods sold (COGS). The change in inventory value can be calculated by subtracting the ending inventory for the previous year from the ending inventory for the current year.

Change in inventory value = Ending inventory 2015 - Ending inventory 2014

                        = $5.5 billion - $5.4 billion

                        = $0.1 billion

The cost of shrinkage during 2015 is then calculated by subtracting the change in inventory value from the COGS.

Cost of shrinkage = COGS - Change in inventory value

                = $16.5 billion - $0.1 billion

                = $16.4 billion

Therefore, the cost of shrinkage during 2015 for Macy's was $16.4 billion.

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Which of the following statements is true of annual percentage rate (APR)?A. The APR is the true cost of borrowing and lending.B. The APR is similar to quoted interest rate which is a simple annual rate.C. The APR calculation adjusts for the effects of compounding and, hence, the time value of money.D. The APR takes compounding into account.

Answers

The APR takes compounding into account is true of annual percentage rate (APR). The correct statement is: D.

The Annual Percentage Rate (APR) is a measure of the cost of borrowing money, expressed as an annual percentage. It is different from the quoted interest rate, which is a simple annual rate, because it includes the effects of compounding.

This means that the APR takes into account the fact that interest is charged not only on the initial amount borrowed, but also on any interest that has accrued. As a result, the APR is often higher than the quoted interest rate and provides a more accurate picture of the true cost of borrowing.

The correct statement is: D.

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A U.S. Senator from Michigan is in favor of environmental regulations that forbid industries from disposing chemical wastes in rivers, despite the fact that many companies in Michigan might come under scrutiny for the violation of such regulations. This scenario illustrates the _____ taken by Congress members.

Answers

Answer:

the trustee view of representation

Explanation:

Why would you only want to do business at a bank or credit union that is INSURED?

Answers

Credit score unions typically offer decreased fees, better savings quotes, and a more personalized approach to customer service for individuals. in addition, credit unions might also offer decreased hobby costs on loans. it can additionally be less complicated to attain a loan with a credit score union than with a bigger financial institution.

Less rigid eligibility requirements. lower interest fees. Deposits are insured in an identical manner as banks. more economic literacy sources.

A commercial business account permits less difficult rate monitoring and tax filing. enterprise money owed also lend credit union to your commercial enterprise, in view that carriers will obtain tests from the name of your enterprise, now not your private account. each of your non-public and commercial enterprise money owed may be controlled online via digital banking apps.

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A major grocery store chain is trying to cut down on waste. Currently, they get peaches from two different distributors, wholefruits and greengrocer. Out of a two large shipments, the manager randomly selects items from both suppliers and counts the number of items that are not sell-able due to bruising, disease or other problems. She then makes a confidence interval. Is there a significant difference in the quality of the peaches between the two distributors? 95% ci for pw-pg:(-0. 156, 0. 064).

Answers

A significant difference in the quality of the peaches between the two distributors is option D. Option D says that We are 95% confident that the proportion of non-sell-able items for Whole Fruits is anywhere between 0.064 and 0.156 HIGHER than the proportion of non-sell-able items for Greengrocer.

Grocery stores generally can be defined as focus on beverages, food and some household goods. They are typically local chains or also  single-location stores and may be  family-owned . In other words, "grocery store" or known as supermarket. They offer the ingredients of provide jobs, foster a sense of community and home cooked meals.   By comparing a set of inherent characteristics with a set of requirements we are generally can determine the quality of something.

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Materials that become an integral part of the finished product but are insignificant in cost are often classified as:________

Answers

Materials that become an integral part of the finished product but are insignificant in cost are often classified as: Indirect material.

Indirect material.

Even though they are used in the entire manufacturing process, indirect materials do not go into the finished product. For instance, while disposable gloves, PPE, tape, etc. may be necessary for a production line, the actual product produced on that line may not include any of these items.What does cost accounting's indirect material mean?Cost of indirect materials. It is a cost that is accounted for in the manufacturing process' overhead costs and comprises of the costs of shop supplies, perishable tools, and equipment. Here, the term "material" refers to anything which is consumed secondarily or indirectly.

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The annual master budget file includes the ________ from last year because it is needed for the schedule of expected cash collections.

Answers

The complete sentence is summarized below:

The annual master budget file includes the budget from last year because it is needed for the schedule of expected cash collections.

A sentence about annual master budget files

Annual master budget files are a collection of files with detailed lists of cash movements inside, from and to a business. This information is useful to predict and estimate expected cash movements and to construct expected budget in terms of costs and time for the next fiscal year.

For this reason, an annual master budget file must include the budget from last year. The complete sentence is summarized below:

The annual master budget file includes the budget from last year because it is needed for the schedule of expected cash collections.

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5 role of development banks in economic development​

Answers

The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. ... Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process.

abigail bought 28 shares of stock at $30.00 per share. she received dividend of $49.50 during the year. at the end of the year, her stock was valued at $43.50 per share. what was her ROI?

Answers

If  her stock was valued at $43.50 per share. Her ROI is:50.89%

Return on investment

First step

Purchase price=(28×$30)-(28×$43.50)

Purchase price= $840-$1218

Purchase price=$378

Gain in value=$378+ $49.50

Gain in value=$427.5

Second step

ROI=$427.5/$840×100

ROI=50.89%

Therefore the ROI is $15.89%.

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Where is market equilibrium located
on a supply and demand curve?
A. at the origin of supply and demand
B. at the intersection of supply and demand
C. at the highest points of supply and demand

Answers

Answer:

B. at the intersection of supply and demand

Explanation:

Equilibrium is a market condition where there no excess or shortage in demand and supply. It is when the quantity demanded matches the quantity supplied. At equilibrium, buyers and sellers are happy with the prevailing prices.

In a graph showing the demand and supply curve, the equilibrium point is the intersection of the supply and demand curve.  

What is a tax return?

A. A form sent to the IRS which reports on your annual income and deductions.

B. The amount of money you make after paying taxes

C. The amount of money returned to you after you pay your taxes

D. The amount of money your employer pays in taxes

Answers

C is the answer!!! Sorry if I’m wrong
B. if im sure i learned about this before

i need help with Question B5 (a) short essay. im completely lost please help me :(

i need help with Question B5 (a) short essay. im completely lost please help me :(

Answers

In xigift try i jkyukuo

Business at korey’s comics has been good, and korey expects the same business next month. however, due to an increase in business, korey has made the decision to bring on an extra hand to help run the store in the afternoons. the new employee will make $435 per month. how does this change affect korey’s monthly net income? a. korey’s monthly net income will be $435. b. korey’s monthly net income will increase by $435. c. korey’s monthly net income will decrease by $435. d. korey’s monthly net income will not be affected by the change.

Answers

The correct option is d.

If business has been good and Korey expects the same level of business next month, then bringing on an extra hand to help run the store in the afternoons should enable the store to serve more customers and increase sales.

As long as the increase in sales revenue generated by the additional employee is greater than $435 per month, Korey's monthly net income will not be affected by the change.

However, if the additional employee does not generate enough additional revenue to cover their salary, then Korey's monthly net income would decrease by the amount of the additional expense, which is $435 per month in this case.

Therefore, The correct option is d.

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Maxey & Sons manufactures two types of storage cabinets—Type A and Type B—and applies manufacturing overhead to all units at the rate of $80 per machine hour. Production information follows.

Type A Type B
Anticipated volume (units) 8,000 15,000
Direct-material cost per unit $ 35 $ 60
Direct-labor cost per unit 20 20
The controller, who is studying the use of activity-based costing, has determined that the firm’s overhead can be identified with three activities: manufacturing setups, machine processing, and product shipping. Data on the number of setups, machine hours, and outgoing shipments, which are the activities’ three respective cost drivers, follow.

Type A Type B Total
Setups 50 30 80
Machine hours 16,000 22,500 38,500
Outgoing shipments 100 75 175
The firm’s total overhead of $3,080,000 is subdivided as follows: manufacturing setups, $672,000; machine processing, $1,848,000; and product shipping, $560,000.

Required:

1. Compute the unit manufacturing cost of Type A and Type B storage cabinets by using the company’s current overhead costing procedures.

2. Compute the unit manufacturing cost of Type A and Type B storage cabinets by using activity-based costing.

3. Is the cost of the Type A storage cabinet overstated or understated (i.e., distorted) by the use of machine hours to allocate total manufacturing overhead to production? By how much?

4. Assume that the current selling price of a Type A storage cabinet is $260 and the marketing manager is contemplating a $30 discount to stimulate volume. Is this discount advisable?

Complete this question by entering your answers in the tabs below.

Required 1

Required 2

Required 3

Required 4

Compute the unit manufacturing cost of Type A and Type B storage cabinets by using the company’s current overhead costing procedures.

Type A Type B
Unit manufacturing costs
Compute the unit manufacturing cost of Type A and Type B storage cabinets by using activity-based costing. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Type A Type B
Unit manufacturing costs
Is the cost of the Type A storage cabinet overstated or understated (i.e., distorted) by the use of machine hours to allocate total manufacturing overhead to production? By how much? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Type A store cabinet line is
Assume that the current selling price of a Type A storage cabinet is $260 and the marketing manager is contemplating a $30 discount to stimulate volume. Is this discount advisable?

Yesradio button unchecked1 of 2
Noradio button unchecked2 of 2

Answers

We need to allocate the total manufacturing overhead based on the three activities: manufacturing setups, machine processing, and product shipping.

Selling price - Unit manufacturing cost = \($260 - $70.25 = $189.75\)

Since the selling price exceeds the unit manufacturing cost by $189.75, the discount of $30 is advisable as it will still result in a positive margin of \($189.75 - $30 = $159.75.\)

1. To compute the unit manufacturing cost of Type A and Type B storage cabinets using the company's current overhead costing procedures, we need to allocate the total manufacturing overhead based on machine hours.

For Type A:
Total manufacturing overhead = $3,080,000
Machine hours for Type A = 16,000
Unit manufacturing cost of Type A = (Total manufacturing overhead for Type A / Machine hours for Type A) + Direct material cost per unit + Direct labor cost per unit
Unit manufacturing cost of Type A\(= ($1,848,000 / 16,000) + $35 + $20 = $190.7\)5

For Type B:
Machine hours for Type B = 22,500
Unit manufacturing cost of Type B = (Total manufacturing overhead for Type B / Machine hours for Type B) + Direct material cost per unit + Direct labor cost per unit
Unit manufacturing cost of Type B\(= ($1,848,000 / 22,500) + $60 + $20 = $107.20\)

2. To compute the unit manufacturing cost of Type A and Type B storage cabinets using activity-based costing,

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compared to going to college, working directly after high school has the following advantages except

earning money sooner and avoiding the cost of tuition

expanding career growth that never requires further training

learning about the industry

Answers

Answer:

Expanding career growth that never requires further training

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