Under the UCC, an oral contract for a sale of goods is enforceable once payment has been made and accepted

Indicate whether the statement is true or false


True

Business

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Which of the following statements is CORRECT?

A. If a firm is found guilty of cannibalization in a court of law, then it is judged to have taken unfair advantage of its customers. Thus, cannibalization is dealt with by society through the antitrust laws. B. If cannibalization exists, then the cash flows associated with the project must be increased to offset these effects. Otherwise, the calculated NPV will be biased downward. C. If cannibalization is determined to exist, then this means that the calculated NPV if cannibalization is considered will be higher than the NPV if this effect is not recognized. D. Cannibalization, as described in the text, is a type of externality that is not against the law, and any harm it causes is done to the firm itself. E. If a firm is found guilty of cannibalization in a court of law, then it is judged to have taken unfair advantage of its competitors. Thus, cannibalization is dealt with by society through the antitrust laws.

Business

As you advance to higher levels in an organization, be mindful of the impact that being more powerful is having on your ______.

A. behaviors B. attitudes C. motivation D. self-Efficacy

Business

Which of the following is a disadvantage of using a manual, non-automated materials-handling system?

a. Increases risk of damage b. Decreases product handling c. Lowers customer stockouts d. Increases time utility

Business

Which of the following statements about home service life insurance, which evolved over time from a type of life insurance called industrial life insurance, is true?

A) Most policies have a face value exceeding $100,000. B) Premiums are usually not collected at the insured's home and are remitted directly to the agent or the insurer. C) Industrial life insurance is group term insurance coverage marketed to employees at the work site. D) This popular product accounts for over 40 percent of the life insurance sold today.

Business