To collect on the accounts receivable due to the firm, a firm can do all the following except:
A) send a delinquency letter of past due status to the customer.
B) make personal contact by telephone.
C) employ a collection agency.
D) take legal action against the customer as necessary.
E) forcibly remove property from the buyer's premises.
E) forcibly remove property from the buyer's premises.
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Allowing a party to think about a proposed agreement for more than a day or two is too long, because if a party needs more time he or she will probably not reach agreement with you
Indicate whether the statement is true or false.
Harriett raises and sells hippos. In order to keep her hippos happy and healthy, she feeds them Hippo Chow, which she buys from the local pet store. Under the UCC, Harriett is A)a merchant of both hippos and Hippo Chow
B)a merchant of hippos, but not of Hippo Chow. C)a merchant of Hippo Chow, but not of hippos. D)not a merchant of either hippos or Hippo Chow.
Lebron received $50,000 of compensation from his employer and he received $400 of interest from a municipal bond. What is the amount of Lebron's gross income from these items?
A. $50,000. B. $50,400. C. $0. D. $400.
The International Trade Administration helps U.S. companies market their products in foreign countries
a. True b. False Indicate whether the statement is true or false