Under Article 2 of the UCC, when a contract involves a mixed sale such as a sale of goods and a sale of services, which of the following statements is correct?
a. The courts ordinarily will apply Article 2 to any contract that involves goods.
b. The courts ordinarily will apply Article 2 when the sale of goods is the primary purpose of the transaction
c. The courts ordinarily will not apply Article 2 to any contract that involves the sale of services.
d. Whether article 2 applies depends upon the dollar amount of the contract.
B
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______ voices are frequently associated with helplessness, nervousness, and tension.
a. Higher-pitched b. Louder c. Flat d. Lower-pitched
During May, Phone Mart sold 150 iPhones for $200 each. Each iPhone had cost Phone Mart $108 to purchase and carried a one-year warranty. If 4 percent typically need to be replaced over the warranty period and two actually are replaced during May, the entry to record the Product Warranty Expense is
A) Product Warranty Expense 216 Estimated Product Warranty Liability 216 B) Product Warranty Expense 3,000 Cash 3,000 C) Product Warranty Expense 648 Cash 648 D) Product Warranty Expense 648 Estimated Product Warranty Liability 648
Under Chapter ___________, certain debts of individuals are not dischargeable despite the debtor's good faith
a. 7 b. 11 c. 13 d. All of the above.
Erickson Inc. is considering a capital budgeting project that has an expected return of 25% and a standard deviation of 30%. What is the project's coefficient of variation?
A. 1.20 B. 1.26 C. 1.32 D. 1.39 E. 1.46