Which of the following does Article 2A of the Uniform Commercial Code govern?

A. mixed sales
B. deposits
C. leases
D. letters of credit


Answer: C

Business

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Enthusiasm in sales is the ability to:

A. turn disagreement signals into acceptance signals. B. express a willingness to create long-term relationships. C. understand the other person's feelings and situation. D. show excitement toward a product or customer. E. change a person's belief, position, or course of action.

Business

A contingent liability is recognized when any likelihood of loss exists and the amount can be reasonably estimated

Indicate whether the statement is true or false

Business

Olive is the dean of the business school, and she is meeting with all of the business faculty to discuss redesign of the School of Business, to implement some decisions, and to coordinate day-to-day activities going forward. This communication that Gail is engaging in is best described as ______.

A. upward communication B. lateral communication C. internal communication D. external communication

Business

All oral contracts are enforceable under the UCC

Indicate whether the statement is true or false

Business