Under the UCC, a merchant is not one who:

a. uses an agent who holds herself out as having special knowledge about the goods sold b. presents himself as having skill specialized in the transactions
c. regularly deals in goods of the kind involved in transactions
d. has business expertise used in transactions involving particular goods e. all of the other choices are merchants under the UCC


e

Business

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Factory supplies used during the year is adjusted by

a. debiting Factory Supplies and crediting Factory Supplies Expense. b. debiting Factory Supplies Expense and crediting Factory Supplies. c. debiting Office Supplies Expense and crediting Factory Supplies Payable. d. debiting Factory Overhead and crediting Factory Supplies.

Business

Postpurchase services include shipping and delivery, gift wrapping, adjustments and returns

Indicate whether the statement is true or false

Business

Identify and describe the three parts of the motivation process.

What will be an ideal response?

Business

Aunt Anastasia feels that her prices are too low, particularly for her eggs. How much would her profit have to increase on the eggs before it is profitable for her to make and sell eggs?

A) $0.50 B) $1.00 C) $1.50 D) $2.50

Business