Bruce agrees to buy Joe's ranch. They draw up a note, under which Bruce is to pay Joe in three installments, each payable on a specified date. Joe has concerns about Bruce's ability to pay on time, so he insists that the note include an acceleration clause. Such a clause would allow Joe to:?
A) accelerate the sale of the ranch
B)demand payment of the entire amount Bruce owes him if a certain event occurs.?
C)extend the date of maturity on the note until a certain date in the future.?
D)accelerate the statute of limitations in a case involving negotiable instruments
B
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In which of the following does the title to the goods pass from the seller to the buyer?
A) option contract B) rental agreement C) lease D) sale of goods
Discuss the significant differences between goods and services
Indicate whether each of the following statements is true or false._____ a) Long-term assets having no physical substance are called intangible assets._____ b) Trademarks are examples of an intangible asset._____ c) Natural resources are examples of tangible long-term assets._____ d) The reason that land is classified separately from other tangible assets is because the cost is normally much higher._____ e) Goodwill is classified as Plant, Property and Equipment.
What will be an ideal response?
In Hersey and Blanchard's situational theory, which of the following refers to a follower's self-confidence and self-respect?
A) job maturity B) personal security C) cognitive dissonance D) psychological maturity E) emotional intelligence