The UCC applies to the formation of sales and lease contracts and observes the same degree of formality used in forming other types of contracts

Indicate whether the statement is true or false


F

Business

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Arguing that one thing causes another thing to occur is an example of which type of argument?

a. causation b. correlation c. mediation d. definition

Business

Marcy and Elliot are both sophisticated merchants who deal in diamonds. Marcy contracted to purchase a diamond for $20,000 . The day after the purchase, Marcy took the diamond to a jeweler's show but the highest offer for the diamond was only $10,000 . Is Marcy's contract for purchase of the diamond for $20,000 unconscionable?

Business

What are the competitive benefits that first movers in an industry experience?

What will be an ideal response?

Business

Which of the following is not a stakeholder in a business?

a. Suppliers b. Customers c. Employees d. Community members e. All of the above are stakeholders

Business