When a seller keeps the goods for pickup, if the seller is not a merchant, the risk of loss passes to a buyer on tender of delivery.
Answer the following statement true (T) or false (F)
True
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An external issue to be considered when setting a price is
a. the quality of materials and labor. b. total demand for the product or service. c. usage of scarce resources. d. the variable costs of the product or service.
Collectivism values include
A. warm personal relationships. B. assertiveness. C. a high regard for self-expression. D. subordination of the individual to the goals of the group. E. persistence in achieving goals.
Provide two examples of companies pursuing a low-cost strategy and two examples of companies pursuing a best-cost strategy and explain how their strategic targets are similar or different.
What will be an ideal response?
The UCC imposes special business standards on casual and inexperienced sellers and buyers
a. True b. False Indicate whether the statement is true or false