Under UCC Article 2, terms regarding payment, delivery and price are:

a. necessary only when one of the parties is a minor b. required for the formation of a contract
c. not allowed in a formal contract
d. not allowed in a "casual contract"
e. none of the other choices are correct


e

Business

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How are the following carried out in the Fixed Asset System: authorization, supervision, independent verification?

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The internal document prepared to notify the appropriate persons that goods ordered have been received, describing the quantities and condition of the goods is the:

A. Purchase order. B. Purchase requisition. C. Invoice. D. Invoice approval. E. Receiving report.

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Research on transformational leadership did not find that ______.

A. all four components of transformational leadership are positively related to leadership effectiveness. B. men tend to engage in more contingent reward behavior than women. C. women tend to engage in more contingent reward behavior than men. D. men's styles tend to be less transformational than women's.

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Directors are not obligated to refrain from self-dealing.

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

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