To the extent that it has not been modified by the UCC, the common law of contracts applies to sales contracts.

Answer the following statement true (T) or false (F)


True

Business

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____________ is ordering an outcome, when a manager relies on his or her formal authority and power to resolve a conflict, but the needs of the other party are largely ignored.

A. Accommodating B. Compromising C. Problem solving D. Forcing E. Avoiding

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_____ involves fast development of an application based on initial user requirements and several cycles of user input and developer improvements.

Fill in the blank(s) with the appropriate word(s).

Business

Reasonable inaccuracies of accounting for an entity, short of its complete life span, are accepted

Indicate whether the statement is true or false

Business

Seth's mother didn't want to have a climbing wall as a permanent feature in her backyard, but it was certainly convenient to rent one from the company that catered Seth's 12th birthday party

The catering company created both ________ utility when it rented her the climbing wall. A) form and place B) place and creation C) possession and price D) time and place E) creation and possession

Business