Which of the following types of property would be classified as "goods" under Article 2 of the UCC?

A) Cash in hand
B) A stock certificate
C) A computer
D) A membership to a health club


C

Business

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CRM programs directed toward customers in the high-value segment

A. attempt to discourage 20 percent of shoppers. B. provide online shopping options without processing charges. C. give more importance to frequent-shopper programs. D. offer more discounts. E. are focused on maintaining loyalty.

Business

Due to the limitations of the BCG and other formal portfolio planning models, many companies are placing responsibility for strategic planning in the hands of cross-functional teams of divisional managers who are close to their markets

In such organizations, strategic planning is ________. A) centralized B) decentralized C) purposeful D) limited E) informal

Business

Haupt Inc. manufacturers water pumps. Each pump requires $155 of raw materials and $315 of conversion costs. Each pump is sold for $725. Last month Haupt produced and sold 69 pumps. The journal entry to record cost of goods sold would include:

A. Credit to cost of goods sold of $50,025. B. Debit to sales of $50,025. C. Credit to sales of $32,430. D. Debit to cost of goods sold of $32,430. E. Debit to accounts receivable of $32,430.

Business

LaDonna signs a one-year lease with Mae to occupy an apartment in Ames, Iowa, near the University of Iowa. LaDonna needs the apartment only for two semesters and may have to sublet it for the rest of the term. LaDonna's tenancy is

A. a periodic tenancy. B. a tenancy at will. C. a tenancy by the entirety. D. a fixed-term tenancy.

Business