Contracts for the sale of goods which cost more than ________ invoke the use of the Uniform Commercial Code (UCC)

A. $50
B. $500
C. $5,000
D. $50,000


C

Business

You might also like to view...

A lawfully issued executive order has the effect of a statute

a. True b. False

Business

In terms of big data, what includes the analysis of streaming data as it travels around the Internet?

A. Veracity B. Variety C. Volume D. Velocity

Business

Which of the following categories of people is most likely to step into entrepreneurship?

A. People who have minimal knowledge about the use of technology B. People who have trouble being subordinates because of their personalities C. People who are skeptical about taking financial risks D. People who lack the characteristic of self-reliance

Business

If investors' aversion to risk rose, causing the slope of the SML to increase, this would have a greater impact on the required rate of return on equity, rs, than on the interest rate on long-term debt, rd, for most firms. Other things held constant, this would lead to an increase in the use of debt and a decrease in the use of equity. However, other things would not stay constant if firms used a lot more debt, as that would increase the riskiness of both debt and equity and thus limit the shift toward debt.

Answer the following statement true (T) or false (F)

Business