Harriett raises and sells hippos. In order to keep her hippos happy and healthy, she feeds them Hippo Chow, which she buys from the local pet store. Under the UCC, Harriett is
A) a merchant of both hippos and Hippo Chow
B) a merchant of hippos, but not of Hippo Chow.
C) a merchant of Hippo Chow, but not of hippos.
D) not a merchant of either hippos or Hippo Chow.
B
You might also like to view...
If a marketer uses warehouses, transportation companies, banks, and insurance companies to facilitate transactions with potential buyers, the marketer is using a ________ channel
A) service B) distribution C) communication D) relationship E) standardized
The issue in a case is also known as the question presented
a. True b. False
S curve definition
a. A display of regressive costs, labor hours or other quantities plotted against time. b. A display of quantitative costs, labor hours or other quantities plotted against time. c. A display of aggregate costs, labor hours or other quantities plotted against time. d. A display of cumulative costs, labor hours or other quantities plotted against time. e. none of the above
Wash N' Set Corp purchased equipment for $45,000
Total depreciation of $36,000 was recorded. On January 1, 2017, Wash N' Set exchanges the equipment for new equipment, paying $54,000 cash. The market value of the new equipment is $65,000. Prepare the journal entry to record this transaction. Assume the exchange has commercial substance. What will be an ideal response