Which of the following would NOT be a merchant under Article 2 of the UCC?
a. The owner of a hardware store which sells paint.
b. A car mechanic who fixes used cars and sells them in his spare time.
c. A person who inherits three speedboats and wants to sell them to buy a car.
d. Two of these are true.
c
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A bank offers credit cards with a 25 percent interest rate, when its competitors' cards have just a 15 percent interest rate. Despite the high rate, the bank finds itself losing money because many of its customers fail to repay the balances on their cards. The bank's losses are most likely to have occurred because of
A. bad management. B. the lock-in effect. C. redlining. D. adverse selection.
Items that are included on a bank statement and increase the bank account balance are called ____________________
Fill in the blank(s) with correct word
During December, the production department of a process operations system completed and transferred to finished goods a total of 65,000 units of product. At the end of March, 15,000 additional units were in process in the production department and were 80% complete with respect to materials. The beginning inventory included materials cost of $57,500 and the production department incurred direct materials cost of $183,000 during December. Compute the direct materials cost per equivalent unit for the department using the weighted-average method.
A. $2.82. B. $2.38. C. $3.12. D. $3.70. E. $4.79.
The member states of GATT 1994 owe legal obligations to the contracting parties of GATT 1947
Indicate whether the statement is true or false