In contrast to the common law of contracts, a merchant's firm offer under Article 2 may be revoked within a reasonable time without consideration and is irrevocable with consideration for a period not to exceed 3 months
a. True
b. False
Indicate whether the statement is true or false
False
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Quotas are a quantitative barrier that sets
A. limits, established by the importer. B. precise quantities of imports or exports, based on price. C. expectations on domestic and foreign sales. D. goals, established by the exporter.
In an effort to differentiate its offerings from its competitors, Pegasus Computers decided to add an extra USB port in all its laptops besides providing a free pair of Delphi power bass headphones with every Pegasus laptop. Although the additional features increased the price of the laptops by $500, Pegasus was confident that the strategy would help boost demand for its laptops substantially. This is an example of ________.
A) good-value pricing B) markup pricing C) break-even pricing D) value-added pricing E) cost-based pricing
Which account should be credited to record a gift of cash which is from an outside party to an animal rescue agency and is used for expenses to care for the animals?
A. Patient Service Revenues. B. Unrestricted net assets - contributions. C. Drugs and Medicines. D. Contractual Adjustments. E. Non-Operating Gain - Special Revenues.
When testing for the difference between two population variances with sample sizes of n1 = 8 and n2 = 10, the degrees of freedom are:
a. 8 and 10 b. 7 and 9 c. 2 and 18 d. 18 and 2