Yates contracted with Waterworks, Inc. to have an above ground pool installed in his backyard. Waterworks specialized in the sale and construction of pools. The two parties entered into a contract that called for Waterworks to “furnish all labor and materials to construct a Wavecrest brand pool, and furnish and install pool with vinyl liners.” The total cost for materials and labor was $3,690. There was no breakdown of costs between labor and materials. After the pool was installed, its sides began bowing out, the 2” x 4” wooden supports became rotted and misaligned, tilting the pool. Yates brought suit alleging that Waterworks had violated several provisions of Article 2 of the UCC.
a) Using the IRAC method, discuss whether the transaction was one involving “goods” making it subject to Article 2 of the UCC.
b) If we assume that Article 2 applies, under what warranty theory (or theories) might a lawsuit be brought (IRAC not required)?

The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76

How has apple been able to sustain its competitive advantage in the smartphone industry? a. by reducing its network effects b. by targeting its new products and services toward laggards c. by driving the price for the end user to zero d. by regularly introducing incremental improvements in its products