Which of the following contracts requires a writing under the UCC, Article 2?
a. Jeremy, a full-time student, sold his snow blower to a friend for $450.
b. Kayla, a full-time student, purchased a used computer from Office Plus for $300.
c. A toy manufacturer contracted to sell dolls valued at $10,000 to a department store.
d. Tobias Department Store contracted to sell Jenny a $400 doll.
c
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Long-term investments are held for all of the listed reasons below except
a. to earn the interest or dividend income b. for their long-term gain potential c. to have influence over another business entity d. to meet current cash needs
During November, ABC, Inc purchased office supplies for cash. The supplies will be used in November. What effect does this purchase transaction have on the accounting equation?
a. Assets increase and stockholders' equity decreases. b. Assets increase and liabilities increase. c. Assets decrease and liabilities decrease. d. There is no effect on the accounting equation as one asset account increases while another asset account decreases.
A major advantage of a ________ strategy is that the company does not tie its reputation to the product
A) blanket family name B) licensing C) separate family brand name D) category extension E) brand revitalization
Which non-comparative scale is analyzed using profile analysis?
A) Likert scale B) semantic differential scale C) Stapel scale D) all of the above