Which of the following statements applies to a sale on approval under the UCC Sales Article?
a. Both the buyer and seller must be merchants.
b. The buyer must be purchasing the goods for resale.
c. Risk of loss for the goods passes to the buyer when the goods are accepted after the trial period.
d. Title to the goods passes to the buyer on delivery of the goods to the buyer.
.C
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If employers covered by the ________ do not notify the employees (and their union, if applicable) of layoffs, they may have to offer back pay and fringe benefits and pay penalties as well.
A. Employee Free Choice Act B. Fair Labor Standards Act C. Davis-Bacon Act D. Workers' Adjustment Retraining and Notification Act E. Right-to-Work Act
Correlation coefficients that fall between -1.00 and -.81 or between -1.00 and -.81 are generally considered to be:
A) weak B) moderate C) strong D) nonexistent E) very weak
If luxury brands such as Versace clothing, Lexus automobiles, and Dom Perignon champagne wanted to promote an image of superior quality and exclusivity to customers, they would most likely use which pricing tactic?
A. dynamic pricing B. luxury pricing C. prestige pricing D. cost-plus pricing E. odd pricing
Civil law is the law governing litigation between two private parties
Indicate whether the statement is true or false