If Johnny strives for a “win–win” situation in conflict situations, his conflict management style is which of the following?

A. avoiding
B. compromising
C. competitive
D. collaborative


D. collaborative

Business

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The Revised Uniform Partnership Act (RUPA) holds that property belongs to the partnership if it was transferred to:

A. any partner by a transfer document indicating the partner's status as a partner or otherwise indicating that a partnership exists. B. general partners only by a transfer document that specifically names the partnership indicating that partnership exists. C. any partner by transfer document under the charging order. D. the partners in their individual capacities.

Business

What is meant by relevant circumstances? Describe the two types of relevant circumstances.

What will be an ideal response?

Business

Limited liability companies are authorized by federal law

Indicate whether the statement is true or false

Business

Woodgrain Products Company and Sylvia enter into a contract for a sale of lumber. Woodgrain knows the purpose for which Sylvia will use the goods. Under the UCC, an implied warranty of fitness of a particular purpose arises

A. if the buyer is relying on the seller to select suitable goods. B. if the buyer asks for it. C. if the seller is a merchant who deals in goods of the kind sold. D. in conjunction with lease contracts, not sales contracts.

Business