Under the UCC only a person who deals regularly in the sale of goods involved in the sales contract is considered a merchant
Indicate whether the statement is true or false
F
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Give an example of an assignment of rights and explain the relationship of the parties
A company pays its employees $4,000 each Friday, which amounts to $800 per day for the five-day workweek that begins on Monday. If the monthly accounting period ends on Thursday and the employees worked through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is:
A. $3,200. B. $800. C. $4,000. D. $2,400. E. $1,600.
Gong Li has recently inherited $10,000 and is considering purchasing 10 bonds of the Lucky Corporation. The bond has a par value of $1,000 with 10 percent coupon rate and will mature in 10 years
Does Gong Li have enough money to buy 10 bonds if the required rate of return is 9 percent?
Assume the following sequence of events: Day 1 - O conveys to A Day 2 - O conveys to B (bfp) Day 3 - B records Day 3 - O conveys to C (bfp) In a notice state, who will have title to the property?
A)?A B)?B C)?C