In a sale of oranges from Citrus Farm to Juice Factory Inc. to be delivered after the harvest, a fire destroys the fruit before it is picked. Under the UCC, the rights and liabilities of Citrus and Juice in this circumstance are generally determined by
A. the right of ownership.
B. who has title.
C. the concepts of identification and risk of loss.
D. all of the choices.
Answer: C
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An unstructured, exploratory research methodology based on small samples intended to provide insight and understanding of the problem setting is called ________
A) quantitative research B) qualitative research C) descriptive research D) causal research E) secondary data
The general ledger account for Accounts Receivable shows a debit balance of $50,000. Allowance for Uncollectible Accounts has a credit balance of $3,000. Net sales for the year were $500,000. In the past, 3 percent of sales have proved uncollectible, and an aging of accounts receivable resulted in an estimate of $20,000 of uncollectible accounts receivable. Using the accounts receivable aging
method, the entry to record Uncollectible Accounts Expense would be: A) Uncollectible Accounts Expense 21,500Allowance for Uncollectible Accounts 21,500 B) Uncollectible Accounts Expense 17,000Allowance for Uncollectible Accounts 17,000 C) Allowance for Uncollectible Accounts 20,000Uncollectible Accounts Expense 20,000 D) Allowance for Uncollectible Accounts 23,000Uncollectible Accounts Expense 23,000
A quality marketing objective should have three basic characteristics. It should be specific, measurable, and ________.
Fill in the blank(s) with the appropriate word(s).
Dr. Roth is a general practitioner in rural Ontario who has misdiagnosed cancer. A cancer specialist a year later properly diagnosed it. The patient sues Dr
Roth, claiming that if the cancer had been properly diagnosed a year earlier, it could have been cured or arrested. In determining whether Dr. Roth has breached the standard of care required, the court will apply the standard of: A) The reasonable person. B) The reasonable rural Ontario doctor C) The most careful Canadian doctor. D) The reasonable urban doctor E) The average cancer specialist.