Which of the following contracts requires a writing under the UCC, Article 2?
A. Jeremy, a full-time student, sold his snow blower to a friend for $450.
B. Kayla, a full-time student, purchased a used computer from Office Plus for $300.
C. A toy manufacturer contracted to sell dolls valued at $10,000 to a department store.
D. Tobias Department Store contracted to sell Jenny a $400 doll.
Answer: C
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Which performance management technique involves the description of a large number of actions on the part of the employee, and then classifies these incidents into performance dimensions along a continuum?
A. Behaviorally anchored rating scale B. Operational rating scale C. Ranking D. Critical incidents E. MBO
Retail establishments are generally classified according to all of the following EXCEPT:
A. ownership B. level of sales C. level of service D. price E. product assortment
Jill's coworkers describe her decision-making approach as satisficing, meaning that she
A. conducts a retrospective analysis to see what can be learned from past successes or failures. B. seeks and uses information consistent with prior beliefs and ignores information that contradicts those beliefs. C. takes advantage of opportunities to abandon existing mind-sets and defines creative solutions to problems. D. views problems from a fresh perspective and defines numerous alternative solutions to problems. E. searches for and chooses acceptable solutions rather than trying to make the optimal decision.
If Coyote Company's net sales decreased from $93,000 in year 1 to $47,000 in year 2 and its cost of goods sold decreased from $29,000 in year 1 to $16,000 in year 2, the vertical analysis based on sales would show the following for cost of goods sold for the two periods: (Round your final answer to the nearest percentage.)
A) 31% and 34%. B) 34% and 31%. C) 321% and 294%. D) 294% and 321%.