Implied warranties are made when a negotiable instrument is originally issued
Indicate whether the statement is true or false
FALSE
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Sunshine Blender Company sold 3000 units in October at a sales price of $45 per unit. The variable cost is $25 per unit. Calculate the total contribution margin.
A) $135,000 B) $60,000 C) $75,000 D) $37,500
Kimberley, a merchant-seller in Kansas, had an oral contract to sell goods to Jane, a merchant-buyer in Memphis for $100,000. Two days after contracting, Kimberley sends a sufficient written confirmation to Jane of the agreed-upon transaction
Jane, who has reason to know the contents of the written confirmation, fails to object to the contents of the confirmation immediately. Two weeks after receiving the written confirmation, Jane receives a delivery of the goods from Kimberley. Jane immediately sends an objection to the confirmation to Kimberley. Which of the following is true of the contract between Kimberley and Jane? A) The Statute of Frauds can be raised against the contract because a letter of objection was sent to the offeror. B) The offer is valid as the offeree knew the contents of the confirmation and did not object within 10 days. C) The contract is void as the offeror did not receive a letter of confirmation from the offeree for delivery. D) The Statute of Frauds can be raised because the offeree did not sign the contract.
Consider the reasons for the assertion that ‘national culture influences career development and compensation, organisational culture influences staffing and participative management (Suharnomo, 2009)’. How might you attempt to harness these influences as an HRM practitioner in Indonesia?
What will be an ideal response?
Which of the following is not one of the key questions we should ask ourselves in responding to mistakes?
a. Does the person take the initiative to understand the issue and gather need information? b. Is the person willing to deal with the consequences? c. Was there an effort to involve everyone in the organization? d. Are there lessons that can be learned from the experience?