Leasing Equipment Corporation (LEC) agrees to lease five computer workstations to Mapmakers, Inc. Before any interest in the workstations can pass from LEC to Mapmakers, they must be
A. in existence and identified as the goods in the contract.
B. in LEC's physical possession.
C. in Mapmakers's physical possession.
D. listed in a document of title and filed in the appropriate state office.
Answer: A
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A(n) _____ strategy is not possible when the brand name has a negative or vulgar connotation in the local language
a. repositioning b. one-brand-name c. co-branding d. individual branding
Calvin laid off two of his employees this morning, and he is scheduled to lay off another employee within an hour. In reflecting on what went well or did not go well during the earlier termination interviews, Calvin realized he did everything correctly, EXCEPT he
A. completed the termination interviews within 15 minutes. B. allowed time for debate. C. had a human resources representative present as a witness. D. expressed appreciation for what the employees had contributed. E. provided written explanations of severance benefits.
In an involuntary bankruptcy petition, what factors must be met? (Choose the one statement below that is true.)
a. The debtor must admit to the debt. b. The debt must all be unsecured. c. Unsecured creditors must submit a proof of claim. d. The debtor must owe at least $18,000 in a combination of secured and unsecured claims.
Which of the following is a weakness of an organic organization?
A. It requires a tall organizational structure to function effectively. B. It requires cooperation from all its members. C. It is an informal structure that lacks authority. D. It is good only for functional tasks.