Which of the following articles in the UCC deals with the sale of goods?
A) Article 2
B) Article 4
C) Article 5
D) Article 8
A
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The total amount of simple interest calculated annually on a $6,000 note payable for 3 years at 11% is
a. $1,980 b. $2,205 c. $6,600 d. $7,980
The performance management process is driven primarily by
a. The CEO b. The human resources department c. The first line supervisor d. The employee
For a ratification to be effective, the principal:
a. must have knowledge of all material facts concerning the transaction. b. must communicate her intent to ratify to the third party. c. must have been in existence when the act was done. d. Must have knowledge of all material facts concerning the transaction and must have been in existence when the act was done.
The amount of an insurance policy premium may depend upon the risk involved
Indicate whether the statement is true or false