Bill attends a garage sale being held by his neighbor. His neighbor very rarely has a garage sale. At the sale Bill purchases a used lawnmower with the sign on top which clearly states "as is with all faults". Bill paid $75 for the lawn mower and soon after he purchasing it has mechanical trouble with the mower. Which of the following is correct regarding this transaction?A. Bill's neighbor has made an implied warranty of merchantability. B. Bill's neighbor has made an express warranty regarding the mechanical condition of the lawnmower. C. Bill's neighbor has made an implied warranty of fitness for a particular purpose specifically that the mower is fit to cut grass. D. Bill's neighbor has made no warranties with respect to the lawn mower sold to Bill. E. None of the above.

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

Afood worker has just rinsed a dish after cleaning it.what should he do next?

True tomato inc. makes organic ketchup. to promote its products, this firm decided to make bottles in the shape of tomatoes. to accomplish this, true tomato worked with its bottle manufacture to create a set of unique molds for its bottles. which of the following specialized assets does this example demonstrate? (a) site specificity (b) research specificity (c) physical-asset specificity (d) human-asset specificity