The Paper Moon sells gift wrapping paper, stationery, and greeting cards. It does not sell any other products. The number of different kinds of wrapping paper, stationery, and cards make up its ________
A) point-of-sale range
B) retail price policy
C) atmospherics
D) merchandise assortment
E) retail format
D
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Common-size statements are statements of companies of similar size and operations
Indicate whether the statement is true or false
Under Section 2-207(2), if only one party is a merchant, an acceptance containing additional terms:
a. automatically becomes part of the contract unless the offeror objects within ten days. b. is considered a proposal for additions to the contract. c. is a counteroffer. d. has no effect and the contract is accepted without the new terms.
Brewster, the chief executive officer of Cog & Gear Lubricants Corporation, wants to en¬sure that Cog & Gear's activities are legal and ethical. The best course for Brewster and Cog & Gear is to act
a. in good faith. b. out of ignorance of the law. c. with regard for the firm's shareholders only. d. in their own self-interest.
Average payment period can be calculated as accounts payable divided by average purchases per day
Indicate whether the statement is true or false