Who among the following is most likely not considered a merchant according to Article 2 of the UCC?

a. Jim who owns a wholesale auto parts business.
b. Tom who, as a hobby, builds and sells birdhouses on the weekends.
c. Kay who sells her 3-year-old fishing boat to her neighbor.
d. Jan, who is not knowledgeable about selling sailboats, but who employs an experienced expert in the trade.


c

Business

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Brent takes time periodically to remind himself of what he is grateful for in his life. This action tends to increase which of Brent’s emotions?

A. anger B. sadness C. happiness D. surprise

Business

Intellectual property:

a. producers are likely to be adequately paid in the free market. b. production is not subsidized by the government. c. typically is expensive to produce but cheap to reproduce and transmit. d. typically is expensive to produce, copy, and transmit.

Business

Let us assume the average number of customers served per hour is five customers. What is the probability that the service exceeds 15 minutes for any customer?

a. 29% b. 76% c. 45% d. 13%

Business

Nigel has a new job and during orientation he is told that the organization treats employees as professionals and gives them considerable latitude. He is also told that leadership is based on competence and expertise. Based on this description, Nigel is most likely working for which type of organization?

a. guided missile b. incubator c. Eiffel tower d. Family

Business