What is the method of identification of goods specified under UCC guidelines?

What will be an ideal response?


Identification of goods can be made at any time and in any manner explicitly agreed to by the parties of a contract. In the absence of such an agreement, the UCC mandates when identification occurs:
Already existing goods are identified when a contract is made and names the specific goods sold or leased.
Goods that are part of a larger mass of goods are identified when the specific merchandise is designated.
Future goods are goods not yet in existence. Future goods other than crops and unborn young are identified when the goods are shipped, marked, or otherwise designated by the seller or lessor as the goods to which the contract refers.

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Sarah, a manager at Energy Inc., conducts an interview with Matthew for a job as regional sales manager. During the course of the interview, she has Matthew take a test that assesses Matthew's integrity by asking him about his attitude toward shoplifting and his own experiences with shoplifting, if any. Which test is Sarah conducting?

A. work sample test B. exit test C. cognitive ability test D. paper-and-pencil honesty test E. in-basket test

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

According to the Trueblood Committee Report, current values should be reported when they differ significantly from historical costs.

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Indicate whether the statement is true or false

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On large computers, the operating system switches back and forth among multiple programs stored in memory in order to overlap input and output operations with processing time; the purpose of this switching is to maximize the work done by the CPU

What is this concept of switching among multiple programs in memory called? A) virtual memory B) multiprogramming C) job control D) multiprocessing

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