Under the UCITA, if a contract requires a fee of more than ________, it is enforceable only if it is authenticated
A) $500
B) $1,000
C) $2,000
D) $5,000
D
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An organization that focuses its efforts on continuously collecting information about customers' needs, sharing this information across departments, and using it to create customer value is said to have a
A. market orientation. B. societal marketing orientation. C. industry orientation. D. macroeconomic orientation. E. product orientation.
Use this information pertaining to Tucson Company to answer the following question. 1. The corporation's Supplies account showed a beginning debit balance of $400 and supplies purchased of $1,600. There were $600 of supplies on hand at year end. 2.Depreciation on a building is estimated to be $10,000. 3.A one-year insurance policy was purchased for $4,800. Five months have passed since the
purchase. 4.Accrued interest on a note receivable amounted to $200. 5.The company received a $3,600 advance payment during the year on services to be performed. By the end of the year, one-third of the services had been performed. The adjusting entry for Supplies is A) Supplies Expense 1,400 Supplies 1,400 B) Supplies Expense 1,600 Supplies 1,600 C) Supplies 1,400 Supplies Expense 1,400 D) Supplies Expense 600 Supplies 600
Jim wishes to obtain a 20-year endowment insurance policy having a face value of $335,000. Based on Tables 19-1 and 19-2 from your text, what would be his monthly premium if he were 35 years old?
A. $1,316.65 B. $2,262.45 C. $5,718.50 D. $1,484.67
Assume that Sherrie's Cherries contracts with Dessert World to sell and ship 600 pounds of cherries in three equal installments of 200 pounds each. If the first installment arrives with 5 pounds of spoilage, then Dessert World may
a. reject the installment shipment because of the perfect tender rule. b. not reject the installment if those in the food industry expect a small percentage of spoilage with fresh fruits or vegetables. c. reject the entire contract. d. declare a breach and "cover."