Which of the following sales is covered by Article 2 of the UCC?
A. the sale of intangible goods
B. the sale of tangible goods
C. the sale of real estate
D. the sale of stocks
Answer: B
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Comparisons between numerical data from different countries can be difficult because of all of the following EXCEPT:
A) units of measurement might differ. B) accuracy may vary across countries. C) frequency of census data collection can differ. D) differences in tax evasion rates affects reported business income. E) language differs across countries.
The modern definition of accounting focuses on the role of accounting in making economic decisions rather than on how to do accounting
Indicate whether the statement is true or false
Which of the following contains a helping verb?
A) Jacqueline will be attending Arizona State University in the fall. B) Briana tweeted her friends about her upcoming vacation to the Caribbean. C) The new employee in the IT department is Jon Schultz.
Newlog, which had developed a new process for making artificial logs, entered into an oral contract with Specialty Manufacturing. The contract provided that Specialty would manufacture a special part that Newlog needed to make its artificial log
machinery. The contract provided that Specialty would make the part to Newlog's specifications. Newlog orally agreed to pay $5,000 for the part. Specialty made the part to Newlog's specifications, but Newlog refused to pay, claiming that the oral contract was unenforceable because of the statute of frauds. Is Newlog correct?