Warranty College Essays Samples For Students

Question1

The full revenue recognition ensures the matching principal is met. It establishes the accounting period where the expenses and revenues are recognized. In the case of the sale of an extended warranty, the method ensures all the cash is received at the period when extended warranty is sold. This method can be used to attract investors in the future because Circuit City Stores can manipulate this method to make their financial position better.

The deferral of revenue method could require the Circuit City Stores to change its accounting for extended warranty and product maintenance contracts. It could also ...

Apple care is an insurance policy for the devices manufactured from the apple company. A person is supposed to pay up-front cost that will be applicable in covering any forecasted problems. This insurance plan is comprehensive, as it extends the period of the hardware coverage in terms of both the repairs and support. In this regard, every iPhone is known to be accompanied with a year that will facilitate hardware coverage in terms of any repairs, through the limited apple care warranty along with a maximum of 90 days, which are applicable in complimentary support (Baig, & LeVitus, 20).
The warranty ...

Ford Motor Company: The Product Warranty Program (A)

Decision-Making
Introduction
Change they say is evitable for there comes a time when an organization has to make important decisions (Blenko, Mankins & Rogers, 2013). This does not mean that decisions are not made regularly; in every organization there are decisions that are made on a regular basis that ensure smooth running of the organization. However, there comes a time when pivotal decisions that will shape the future and outlook of the organization are made and such decisions call for the involvement of the board of directors, the chairman of the firm and the executives in highest hierarchy (Blenko, Mankins & ...

Implied Warranty: Uniform Commercial Code Section 2-314 defines implied warranty to mean that the goods sold shall be of merchantable quality unless excluded or modified in the relative contract. This section also includes food or drink served for consumption on the premises or elsewhere as a sale. Implied warranty therefore recognizes the following assumptions for goods to be deemed merchantable: (a) the goods shall be passed without objection in the trade as described in the contract. (b) if the goods are fungible, they are of fair quality as described in the contract. (c) the goods are fit for the general purposes for ...

Educational affiliation

Abstract
Corporate Social Responsibility and Ethics
The paper analyses the role of the ethics and corporate state responsibility in the terms of the automotive industry. The study is to evaluate the role of the local ethics and the Corporate Social Responsibility in the process of the international development of the automotive industry. The key objectives are to evaluate the roles of these two concepts, find out the role of the customers’ awareness of the unethical behavior, and describe the patterns of change. The study validates why the car industry should focus on the ethical considerations and the CSR. This ...

BUSINESS LAW

Part A: Question 1
Using the four-step process, discuss the element of agreement required for the formation of an enforceable contract. Have Sensational Sails and EquipU reached an agreement regarding the sale of the Italian machinery?

Identifying the Legal Issue

Bill and Ben are best mates and love to sail together. They want to turn their sporting interest into a business. They decide to start their own company called Sensational Sails Pty Ltd (Sensational Sails). Bill and Ben design and manufacture sails for all size yachts and supply wholesale to retail outlets. Their company becomes highly successful and soon they need more sophisticated ...

If the choice is between renegotiation and termination, Missan should renegotiate rather than terminate the contract. Unilateral termination may not be available to the company because of the weak grounds for its justification. It can, additionally, expose the Company to risk for potential wrongful termination, which can result to liability. On the other hand, a renegotiation can give Missan an opportunity to set new terms that are more favourable to it, taking into account the present circumstances.

Repudiatory Breach as Justification for Termination

Missan can only terminate the contract with Depeche if such termination can be justified, otherwise it may be exposed to liability for wrongful ...

Chevrolet Silverado also known as GMC Sierra is a product of General Motors. It is a full-size and heavy-duty pickup truck. The series of heavy-duty trucks of General Motors from which Chevrolet Silverado belongs was first introduced in 1999. Since its confinement in the General Motors till today, it passed through different innovative and more efficient advancements (Chevrolet.Ca, 2017). The variations in the engine and other equipment of the vehicle made it more successful and the prime choice for its buyers. It also managed to make its place in the market due to its holding company, General Motors that ...

Business Law

Contributory negligence describes the conduct that usually creates individual risks that are not reasonable (Magnus &Martin-Casals, 2004). That is such individuals are obligated to act reasonably as a person. Therefore, when a person fails to act in such a manner and injury occurs, then such a person may be held partially or fully responsible for the injury even if another person was part of the accident. For example, a driver knocking down a pedestrian who was crossing the road blindly without checking the traffic or any crossing sign. In this case, the pedestrian will partially responsible and is liable ...

Creditors’ Rights and Collection Option

The first attempts by many creditors during debt collection never involve the courts. Creditors can directly contact debtors and demand payment. Failure to this attempt, the creditor has the right to transfer the account of the debtor to another business having the primary focus on collecting debts (Sorell, p. 77-81).

Debtors’ rights

The failure of not paying a debt is not a crime in general context even though it breaks agreements or contracts between debtors and creditors but failing to pay certain court-ordered debts like child support can cause criminal charges. Apart from some bankruptcy situations, debtors will have the choice ...

The case in study is about a conflict that existed between J. McGuire a construction/framing company owner who was the customer in this case and H. Hughes of H.H hardware. The case involves a saw which J. McGuire bought from H. H hardware and got broke in the process of usage before the warranty period expired. When J. McGuire came to back to the hardware to claim a replacement as he was told that the saw had a warranty, his comments were ignored by the manager claiming that the warranty was only for those who used the saw for un-professional services. The case study ...

Communication: Letter of Request for Refund

222 Brumaelia Dock

Boardwalk Place

Miami 220778 FLA
202 Whitehall Crescent

Trevenion Housing Complex

Everglades
Whitesand FLA
Dear Mr. Bower
We are in receipt of your letter of April 15, 2014, and your concern has been duly noted. However, your request for a refund of One Thousand Dollars ($1,000.00) for the equipment that you bought from this store cannot be granted. A review of the company’s policy at this time to facilitate your request would be impossible. When a customer makes a purchase the terms of agreement in the document are read and discussed and upon agreement, is signed. As soon ...

The 1979 Sale of Goods Act is the most comprehensive pieces of legislation on commercial law in the UK that governs, inter alia, contracts for the sale of goods, implied terms in sale of goods, rules governing the transfer and possession of property (goods) and also provides some of the remedies that purchasers (buyers) may have against sellers for defects in goods or otherwise (Dobson, Dobson & Stokes 2012, p. 10). This Act thus ensures the effectiveness of the legal relationship between businesses and customers, for it contains rules and regulations that seek to protect the rights of buyers and ...

Automobiles are an essential part of the modern world of travelling and rapid busy life. And, like every other mechanical device, from time to time they need changing. The question of changing a car is always very important for the car owner, as the car market provides a wide choice of different products. This choice depends on the manufacturer, price, model, equipment, etc. However, it is worth highlighting one more factor that influences the choice of the car: its previous usage. According to the Q3 Used Vehicle Market Report, the amount of sold used cars increases by 2-3% with ...

Application Exercises

Assignment 1 Requirements
For Q&P # 1, the list of activities entail wants and needs separation depending on the response being read. The Droid response, Neutrogena and Taster’s choice were all interpreted as “important to every consumer.” Due to advertisements and subsistent need of being satisfied with what the product is publicizing itself, it is bought, consumed and integrated as part of the daily routine of a consumer’s life. While “Essentials of Marketing” response is what would be defined “important to your job” because it is the knowledge that you need in order to have at least a ...

Introduction:

Global mobile manufacturing giants Apple Inc. and Samsung Inc. have been producing tablets designed to compete head-to-head. The iPad by Apple’s and Samsung’s Galaxy Tab have been the flagship tablet devices offered by each company respectively, and these devices have continued to evolve over the years in terms of design, performance, and other features. Since there have been many generations of Apple iPads and Samsung Galaxy Tabs, an honest and accurate comparison of these two devices can only be done if we compare the most recent versions. In this regard, this paper shall pit the iPad Air ...

In the context of real property, a quitclaim deed transfers or disposes only the interest that the grantor/owner has in the property (Hinkel, 2011). This means that whatever title the grantor has at the time of transfer, they pass it to the grantee. In such regard, in the event that at the time of transfer the grantor does not have title to the land, should the grantor later get the title to the property the grantee cannot claim the property. Additionally, a quitclaim deed does not have warranties of title and is transferred free of encumbrances.

Dr. Patel might see ...

Part A

Facts
In the following case, two persons purchased a defective smartphone Samsung S4 and experienced the same overheating problem.
Ashley Adams left his smartphone plugged into electric socket. When he returned, he found out that the phone had overheated and exploded, burning the bed sheet. An independent expert stated that overheating occurred because of the defect in the phone. However, Samsung, after a technical investigation found signs of internal corrosion on the circuit board and charger port, which was caused by liquid contamination. Samsung stated that liquid contamination could in rare instances cause the overheating of charger port.
...

In an action for the recovery of the amount paid to Fast Food, there are various warranty theories that Jane and David can apply. The first of these theories is the implied warranty of merchantability. In this case, the two can rely on the condition that posits that the food or drink sold must fit the ordinary purposes for which it is sold. In this case, the buns fail to meet this criterion because they are not in a suitable condition for making the hot dogs. The second warranty that Jane and David may rely on is the implied warranty ...

Megahouse Electronics Company,

45B North Carolina
7th street, Mondlane Avenue
George Hemmington
132 California

Old Washington estate

California.
RE: INABILITY OF THE COMPANY TO REPLACE/REFUND THE REFRIGERATOR
The company regrets to inform you that it will not be able to offer a refund or a replacement for your refrigerator as requested. The warranty terms clearly stated that a refund or replacement could only be facilitated if the damage happened within the first year of purchase. The above mentioned equipment has been in your possession for over two years and does not, therefore, qualify for the warranty services. The denial of the warranty does ...

Introduction to Operations Management

Introduction
Any self-sustaining organization, whether public or private that endeavors to generate enough revenue in order to offset the cost of operations and make profit must set specific objectives for its operations. Operations performance managers utilize different performance objectives in order to track and monitor the performance of their respective organizations. It is upon the manager to decide whether the priorities of the organization demand a balanced approached towards the performance objectives or a focused approach where the operations manager focuses on one of the five performance objectives (Kachru, 2007, pg.271).
Besides the priorities of the organization, this decision ...

The administration and rental of commercial and residential property in the United States is governed by the landlord-tenant law which is comprised of both state and common laws. The relationship between the landlord and the tenant is protected by laws that aims to secure the interest of both parties, who generally wants to avoid hassles in terms of rent collection, repairs and other important issues concerning the lease. These laws and the individual lease agreement prescribe the rights and duties of the landlord and the tenant. Included in the landlord and tenant laws is the housing codes that ensure ...

Problem Presentation

RealTechy Inc. has been experiencing growth in its sales following the increased demand for its products in the market. Over the years, the corporation has had the best products in the market. Its products have held a reputation for being of high quality as opposed to the others in the market. Besides, the firm is renowned for offering quality services to the clients regarding the delivery of products as well as customer complaint handling. Products’ quality and excelling customer service have translated to the continued growth of the firm. Currently, the company is facing the challenge of balancing quality ...

A contract is one of the critical agreement that people and organizations go through on daily basis. It is worth noting that organizations and people go into a contract based on various reasons. There are critical components that must be considered when making some agreements. In analyzing the case study one, it is crucial to put into consideration various elements that must be considered for an agreement to be a contract. Some of the elements include acceptance, offer, consideration, as well as the intention of legal consequences. In case study one, there is no contract. These are based on the fact ...

We have determined several accounting issues with regard to the overall operations of Keystone Computers & Networks (KCN). The effects of these issues to the net income are summarized as follows:

- Ringo Company receivable (30,800)
- Inventory (24,100)
- “Bring your daughter to work day” litigation -0-
- Unearned service revenue -0-
- Account receivable from officers -0-
- Prepaid advertising (15,000)

The detailed examination of these issues are highlighted below:

Issue 1: Ringo Receivable
Proposed Journal Entry
Bad Debt Expense $30,800
Allowance for Doubtful accounts $30,800
Computations
We believe that a range of $ ...

Best Buy Computer Shop

789 6th Street, 5th Avenue

Chicago, Illinois 60629

568 9th Street, 5th Avenue

Chicago, Illinois 60629

Re: Request to Refund or Replace HP Spectre XT TouchSmart
Dear Mrs. Smith:
First and foremost, thank you for patronizing our products through your regular purchase of different computer products and peripherals from Best Buy Computer Shop. We really appreciate your continued support and patronage.
Secondly, in response to your letter dated November 5, 2013 requesting for a refund or replacement of the HP Spectre XT TouchSmart amounting to $1,200, as the sales manager, I regret to inform you that as per company policy, we could ...

Business marketing is the custom of organizations or individuals, such as commercial corporate, institutions and governments, easing the sale of their services or products to other organization or companies that either trade them, employ them as components in services or products they offer, or employ them to sustain their functions (Michael D. Hutt, 6). Also identified as industrial marketing, it is at times referred to as B2B markets (in short) or business-to-business marketing. (Note that Business-to-government marketing is significantly dissimilar to marketing to government bodies that shares various same changes of organizational marketing.) This paper, will talk about; the ...

Question: Given the success of Hyundai cars in the U.S. market in recent years, are they going to be another major competitive forces next to Japanese cars that three American automakers must pay attention to?
Based on the case study presented, it seems that Hyundai will be a force to reckon with, if not globally, in the United States for years to come. This is hugely due to the mindset of its leader, Chairman Chung Mong-Koo. Right from the start, his mind was set to making a name for Hyundai globally. He led a company to be successful in ...

Introduction

Businesses have a common goal of achieving success and uniqueness that helps them to stand a mile ahead of their competitors (Chattopadhyay et al., 2012). However, over the recent years, many companies have embraced the concepts of merger and acquisition in efforts to exploit their business potential fully. Mergers and acquisitions are important drivers of growth for a particular organization. Companies have come up with business and international level strategies that will help them to yield high profits. The Kellogg Company has acquired companies and the Publix Supermarkets, Inc. have not acquired mergers and solely operates within the U.S. ...

PART A

Question one
Apple Computer was incorporated in 1977 to design, manufactures as well as marketing mobile communication and media devices (Reuters.com, 2016). Moreover, it also sells different related software, and third party digital applications. Its products are iPhone, Apple television, iPod, Mac, both consumer and professional software applications, iOS and OSX operating systems. The Apple computers Inc. provides a variety of mobile communications, personal computing products, and portable digital players.

Question two

The operating performance of Apple Inc. relies on the general economic conditions. Therefore, for the last four years (1999 to 2002), the demand for the Apple's products has been ...

Proposal Recommendation

Executive Summary
Over the last decade, our school district has done an excellent job in keeping up with the latest in all of technological trends, accelerating the knowledge and computer skills of our students. Such knowledge and computer skills have afforded many of our schools with high rankings, as is compared to our closest counterparts. We have been known to set a trend that is not always the most popular. Yet in spite of such lack of popularity, we are able to account in a compensatory manner. For example, our choices have always tended to prove to be the ...

The competition is a prerequisite and characteristic feature of the market. After all, if the basis for the functioning of a market economy put the domination of private ownership of the means of production, which, in turn, acts as a guarantee of freedom of choice for entrepreneurs in their activities, and certainly there is competition between them.
The word competition comes from Latin and means to flee together to compete on some other career. This competition is crucial for establishing market prices, which are the main feature of a market economy. Competition (in the economic sense) - the rivalry ...

EXECUTIVE SUMMARY

The Nightlife Hospital, a leading health facility in the United States seeks a capital expenditure justification for the purchase of an MRI machine. This design of the machine will utilize the current technology so as to ensure best services to the customers. The machine will solve the current problems caused by referring patients to other hospitals and waiting for test results in before treating them. The machine should meet the demand by patients for better and more comfortable scanning operations. It should also be cheap, sustainable, and safe for the patients and the clinicians. The best MRI machine the ...

Introduction

LensCrafters is an international optical company with about 860 special service shops with production firms in the United States, Canada, and Puerto Rico. The company creates and delivers eyeglasses within one hour, using readily available resources in their store. LensCrafters are focused on creating customers consistently throughout by offering exceptional customer service, growing the employees and leaders, making the best quality eyeglasses within an hour and delivering value to its customers, in an attempt to achieve its mission. This essay is structured in seven parts. The first part is an introduction of LenCrafters and the essay structure; part two ...

Business case scenario analysis

Abstract
The successful enterprise Three Guys Garage is facing challenges for expansion, succession planning, and the use of innovation in their services. Growing the brand can result to the loss of operational and service quality control while not doing so will limit TGG’s sustainability in the future. Growing the brand also provides enormous opportunities for their apparent successors to gain experience in running a large enterprise. Franchising the TGG brand provides at least three advantages in the expansion and planning fronts: easy access to better managerial talents; easy access to expansion capital; and significantly minimized risk exposure. However, ...

BUSINESS LAW QUESTIONS

Carlil v Carbolic Smoke Ball Company [1893] 1 QB 256; [1892] EWCA Civ 1
Carlil v Carbolic Smoke Ball Company is a leading case in Contract Law which discusses the salient elements of an offer, an invitation to treat and other relevant contractual concepts. The facts of this case are that Carbolic Smoke ball Company, while advertising the Carbolic Smoke Ball drug for influenza, advertised that; £100 would be rewarded to any person who contracted influenza having used the ball three times a day for two weeks. The Company added that £1000 was already deposited with Alliance Bank to ...

Problem 18-4 Auctioning in Sweden

Companies that fail to meet their debts are mostly sold to the managers since they are the highest bidders because they have the best knowledge of the commodities which are the assets, products and services offered by the company. Managers have all the information about the in and out of the enterprise (Froeb et al., 2014). Company managers use a method known as overestimation. This process involves them overestimating the price of the actual sale. To achieve this, you must be having a lot of background information about the company and the potential prospects of the enterprise and how ...

Question 1

Data and information are two terms, which are at times used in place of one another although they are different in numerous ways. First of all, data are unorganized, raw facts, which have to be processed while pieces of information are the facts that have been interpreted. Thus, data are the raw facts, which individuals collect based on their experiences and observations. Liew (2007) asserts that data is composed of raw, basic, and usually unfiltered information. Data might at times appear abstract or random since they are in unorganized and raw form. In the case study, the numbers showing ...

The 2015 KIA Optima Hybrid

The 2015 Kia Optima is a hybrid mid-sized sedan that has some stylish appearances, a vast array of features and an excellent trim on the cabin. The main advantages of the sedan are its wide range of features and easy to use controls. The crash test scores are also top, and the warranty is lengthy boosting consumer confidence. The car is equipped with four-wheel antilock disc brakes, traction and stability control, side and curtain airbags. The rear side has a camera, parking sensors, cross-traffic alerts and blind spot monitoring system for safety. Roadside assistance and automatic collision notification system ...

American Apparel Company

The firm opened its first store in 2003 and it has 260 stores across the globe. As a global firm, the marketing objective of the firm is to open more number of stores in remote areas and developing nations so that more market capture can be attained. In 2008, the firm saw extreme growth as it expanded to open 78 new stores in 2008 and high sales profit also but in 2009 -2011 recession period, the firm saw decline and therefore as per latest research journals, the firm focuses on expanding by having new stores in different markets which ...

I like shopping too much though I hate impulse buying. Just like anyone else who strives to lead a decent life, I am compelled to always incur both fixed and current expenses. With regard to current expenses, I am not able to account for the current expenses I have incurred since 16th January 2014. As a matter of fact, in the past one month, I have bought many items on daily basis. However, I am able to identify belongings I have acquired over the same duration but whose acquisitions are made once and can only be replaced after a relatively longer period ...

Toyota Motor Corporation is an automobile producer based in Japan. Globally, the company has about 338,875 employees as of march 2014 (Toyota Global). Moreover, in the year 2012, Toyota Corporation was the biggest automotive manufacturer in terms of production (OICA correspondents’ survey), when it has produced more than 10 million vehicles. In the year 2014, the company was ranked as one of the biggest companies in Japan in terms of revenue and market capitalization. For several years, Toyota has produced many of the most innovative and the best cars in the world. Moreover, the company is a leader in ...

Introduction

Every forward-thinking organization should factor in all its stakeholders in its key strategies and processes of production. It is thus prudent for these organizations to effectively manage the resources involved in the production processes of goods and services. These processes are managed with the key stakeholders namely customers, suppliers, shareholders, employees and society in mind (Kamauff, 2010, p. 67). The processes and strategies incorporate performance objectives of the organization and its focus on achieving profitability and competitive edge in the industry it finds itself in. It is, therefore, important for an organization to aim to achieve a balance of all ...

Toyota Motor Corporation is an automobile producer based in Japan. The company has about 338,875 employees globally as of march 2014 (Toyota Global). Moreover, in the year 2012, Toyota Corporation was the biggest automotive manufacturer in terms of production (OICA correspondents’ survey) where it has produced more than 10 million vehicles per year. In the year 2014, the company was ranked as one of the biggest company in Japan in terms of revenue and market capitalization. For years, Toyota has produced most innovative and best cars in the world. Moreover, the company is a leader in both Camry sedan ...

This is a bilateral agreement entered into betweenandas of today The seller referred to hereby is a business person operating a business retailing in mobile phone accessories in the state of California. The buyer hereby referred to is a student at the University of California. The contract regards the sale of a mobile phone.

With regard to this mutual covenant, the parties agree as follows:

The seller agrees to transfer to the buyer, possession of a mobile phone, Nokia Lumia 520, on hire purchase terms, at a hire purchase price of $190, upon payment of a deposit amounting to $85.

Terms of installment payment:

After payment of the aforementioned deposit, the buyer agrees to further pay equal monthly installments amounting to $17 ...

Nowadays, many road-users face a problem if to purchase or lease a car. In fact, a new car is considered to be like the second biggest buying after the house. Especially the first-time purchasers are confused with this issue. It has to be said that there are a great number of leasing companies providing their clients with a very good service and having low prices, so the customers do not have any problems with car leasing. But many motorists still hesitate and cannot answer the question: is it better maybe to buy a new car, and it will stay in my property anyway? So, everyone ...

Executive Summary

As a new startup entertainment company, we plan to manufacture SmartTV as well as crate programs to be broadcasted on all television through established broadcasting network. As a step in that direction, our mission is to deliver continuously innovative entertainment products for the diverse needs of the viewers. We are in the process of doing SWOT analysis as a part of generating situational awareness. This process of environmental scan will help us better understand our position in the market. Next we will be applying the principles of Market Opportunity Analysis (MOA). These steps will help in goal formulation.
The next stage ...

06-Oct-13

About Autorama Vehicle Sales Canada
Autorama Vehicle Sales Canada Ltd deals in Kamloops used cars and trucks. The company also comes up with Vans and SUVs as well as a Kalloops car dealer. The company has been operating a business in a car dealership since 2003. It aims at selling used cars, autos, auto, vehicles and trucks. The Kamloops offers not only financing through its dealership but also offers Kamloops car, truck, auto and vehicle loans.
Autorama Vehicle Sales is an auto merchant offering, vehicles, auto, trucks, vans and SUVs. Autorama Vehicle Sales facilitates all neighborhoods in British Columbia are ...

Business ethics is a form of professional or applied ethics which examines morals and ethical principles surrounding the business environment; it is contained in a corporation’s ethics code and covers all aspects of business conduct, from individual conduct to the entire organization.
Since its establishment in 1996, Morinda Corporation has thus far become a global phenomenon, and improved happiness and health of people from all walks of life around the world. Additionally, Morinda Company has in the past earned recognitions and awards globally due to its high business standards and integrity. In terms of business associations, Morinda is a member of ...

Introduction

Consumers are relatively volatile especially in as far as purchase of commodities and properties is concerned. The problem is further exacerbated by the fact that there are innumerable agents that come up with sweet words to woo as many customers as possible. One fact that is emergent is that these agents are paid on commission and thus the higher the number of their individual sales, the better the wages due to them. With this in mind, some agents have gone ahead to maliciously sell properties to consumers, which later became a problem to the sales firm leading to many lawsuits ...

Task

Management has been described as a process that involves the responsibility for an economical and effective planning and regulation of all the activities of an enterprise with a goal of fulfilling a given purpose. Its also defines as a dynamic process that consists of a number of elements and activities that are different from the operative functions such as finance, marketing etc. Different scholars have come up with different functions of management but our discussion will majorly rely on the work of Koontz and O’ Donnel who described the functions of management as Planning, Organizing, Staffing, Directing and Controlling (8).
Planning is defined ...