If the sale of a good involves services that are of greater value than the goods themselves, the contract falls under the common law, not Article 2
a. True
b. False
Indicate whether the statement is true or false
True
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Ecologically sustainable businesses such as Patagonia recognize that doing business following the traditional approach, focusing on quarterly earnings, is not complete because it does not focus on:
A. the negative impact of the business, such as excessive water usage. B. consumer needs for green merchandise. C. triple bottom-line accounting. D. the cost of environmental sustainability.
Integrated marketing communications is:
a. the use of different promotional tools b. a planned coordinated campaign c. delivery of a clear, consistent message d. for a target audience e. all of the above
Buffalo Company reported a December 31 ending inventory balance of $412,000. The following additional information is also available:The ending inventory balance of $412,000 did not include goods costing $48,000 that were purchased by Buffalo on December 28 and shipped FOB destination on that date. Buffalo did not receive the goods until January 2 of the following year. The ending inventory balance of $412,000 included damaged goods at their original cost of $38,000. The net realizable value of the damaged goods was $10,000. Based on this information, the correct balance for ending inventory on December 31 is:
A. $374,000 B. $438,000 C. $384,000 D. $460,000 E. $422,000
A high-level manager consistently received positive performance reviews from her immediate supervisor for four years. She earned bonuses, salary increases, and was promoted to the senior leadership team. Some thought her interpersonal skills could use some work, but this criticism was not emphasized. After a change in management, top managers grew more critical of her. She was passed over for
promotion, the promotion being given to a male with less experience. Responsibilities were taken away, and she was dropped from the senior leadership team. A new (never-again used) 9-point rating system was used, on which she earned the lowest possible score. The CEO said he wanted her out "legally," and asked "How do we explain this to a jury?" Managers explained there was little support for her among them, and she did not "fit.". She sued for sex discrimination. The court should decide: a. for the employer, finding that the employee had failed to meet performance requirements b. for the employer, finding that the employee was not discriminated against c. for the employee, finding that she had met all performance standards, while the complaints against her were mostly subjective d. for the employee, finding that she was entitled to the promotion she had sought