Categorizing a transaction as a lease rather than a security interest:
a. has significant implications for the parties and for third parties.
b. has significant implications only for the parties to the transaction.
c. would mean the provisions of Article 9 of the UCC apply to the transaction.
d. Two of these are correct.
a
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The generalization process is often referred to as:
A) parameter estimation B) statistical interval positioning C) estimation of sample findings D) deductive rationale statistics E) Roman estimation
What is scavenging?
At a local retail store, Randi saw a bag of daffodil flower bulbs and a box of plant fertilizer. The items, which were sold together, retailed at $28.50 but were marked down to $19.99. The $19.99 is the:
a. revenue. b. price. c. profit. d. liquidity value.
Inez contracted with Filippo Furnaces Co for the installation of a new furnace. Inez selected the furnace she wanted, accepting no suggestions from Filippo Furnaces' heating engineer. The furnace operated fine, but it did not heat the entire house. The
size of the blower on the furnace was too small to accommodate the third floor of the house. Inez sued Filippo Furnaces Co for the breach of the implied warranties of merchantability and fitness. What result?