Which of the following statements applies to a sale on approval under Article 2 of the UCC?
a. both buyer and seller must be merchants.
b. the buyer must be purchasing the goods for resale.
c. risk of loss for the goods passes after the trial period is up.
d. title to goods passes to the buyer on the delivery of the goods to the buyer for trial purposes.
C
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The Truth in Lending Act applies to credit extensions made to
A. merchants. B. commercial banks. C. businesses. D. consumers.
Answer the following statements true (T) or false (F)
1. Equity financing comes with cash alone but not any other help. 2. Venture capital firms invest in more companies than all other sources of investment all together. 3. Entrepreneurs should ask for more money than they need at all times. 4. Bootstrapping is defined as the process through which entrepreneurs invest resources from investors.
The fishing lures produced by Fun Lite Corporation are unique in that they are handcrafted. Advertising by the company emphasizes the point that how its lures, unlike others, are all handcrafted. This feature is the company's:
a. publicity objective. b. marketing differentiator. c. competitive advantage. d. one-to-one marketing advantage.
The ______ view of organizations suggests that environmental selection drives the evolution of corporate structures and that actions by managers have little effect.
A. institutional B. ecological C. natural selection D. adaptive