Which of the following contracts requires a writing under the UCC, Article 2?
A)Jeremy, a full-time student, sold his snow blower to a friend for $450.
B)Kayla, a full-time student, purchased a used computer from Office Plus for $300.
C)A toy manufacturer contracted to sell dolls valued at $10,000 to a department store.
D)Tobias Department Store contracted to sell Jenny a $400 doll.
C
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Terms of "2/10, n/30" are an example of a trade discount
Indicate whether the statement is true or false
When preparing an unadjusted trial balance using a periodic inventory system, the amount shown for Merchandise Inventory is:
A. The ending inventory amount. B. The beginning inventory amount. C. Equal to the gross profit. D. Equal to the cost of goods sold. E. Equal to the cost of goods purchased.
Raheem recently hired a new assistant, Cathy. At his office, he often receives confidential letters and documents regarding work, as well as some personal mail, including financial statements. As Raheem often spends much of his day in meetings, he has asked Cathy to collect his mail and leave it on his desk to sort through later. When Cathy gives him the mail, Raheem trusts that she has not stolen or opened any of it. Raheem has a high degree of
A. trust propensity. B. moral awareness. C. cognition-based trust. D. power-based trust. E. gullibility.
A mathematical process of assuring data accuracy involves multiplying each of the digits in the original code by some predetermined weights, summing these results, and then dividing this sum by a modulus number
Indicate whether the statement is true or false