In which of the following situations is the seller a merchant under Article 2 of the UCC?
a. Paul, a financial planner, sold his car to a neighbor.
b. Randall, a marketing consultant, sold his boat to a co-worker.
c. American Textiles, a textile manufacturer, contracted to sell pillows to UpTown Department Store.
d. Clocks R Us, a specialty clock store, sells some of its used office furniture to another store, Spoons Over Miami.
c
You might also like to view...
TV advertising is considered to be particularly advantageous because ________
A) the low volume of nonprogramming material on television makes it difficult for consumers to ignore or forget ads B) it provides detailed product information and effectively communicates user and usage imagery C) it can vividly demonstrate product attributes and persuasively explain their corresponding consumer benefits D) TV channels are very targeted, ads are relatively inexpensive to produce and place, and short closings allow for quick response E) it lets companies achieve a balance between broad and localized market coverage
Acquired in-process research and development (IPR&D) is _____ for tax purposes and results in a(n) _____ effective tax rate
a. never deductible; increased b. never deductible; decreased c. always deductible; increased d. always deductible; decreased e. deductible over a 15 year period; decreased
In a profit center, the manager has responsibility and authority for making decisions that affect:
A) liabilities B) assets C) equity D) costs
The people who create, define, or adopt an idea for an innovation and are willing to assume significant risk to make it happen are referred to as
a. product champions. b. investment bankers. c. angels. d. entrepreneurs. e. leaders.