Fact Pattern 19-1AOlisa enters into a contract to buy a stove from Pay-to-Own Appliance store with the price to be paid in monthly installments. After thirty-six months of payments, Olisa has paid more than twice the price of a similar stove. Eighteen payments remain due under the contract.Refer to Fact Pattern 19-1A. Under the UCC, the court can evaluate the contract to determine whether it was unreasonably unfair and one sided
A. at the time it was made.
B. at the end of its term.
C. in the middle of its performance.
D. at the time of Gail's suit.
Answer: A
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What was the total manufacturing costs incurred during the year?
Quinton Corporation provided the following information for the year:
A) $698,000
B) $314,000
C) $853,000
D) $1,167,000
Which element below is an example of internal noise disturbance of the communication process?
a. Jargon or complex language b. Construction work c. Telephone ringing d. Loud talking
According to an article in Business Communications Review, 91% of employees report working for companies with publicly accessible Web sites
Indicate whether this statement is true or false.
The materiality concept states that a company must ________
A) report only such information that enhances the financial position of the company B) perform strictly proper accounting only for significant items C) report enough information for outsiders to make knowledgeable decisions about the company D) use the same accounting methods and procedures from period to period