Which of the following contracts requires a writing under the UCC, Article 2?
a. Jeremy, a full-time student, sold his snow blower to a friend for $450.
b. Jeremy, a full-time student, purchased a used computer from Office Plus for $300.
c. A toy manufacturer contracted to sell dolls valued at $10,000 to a department store.
d. Tobias Department Store contracted to sell Jenny a $400 doll.
c
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The effect of a misstatement of the year-end inventory is limited to the net income for that year
a. True b. False Indicate whether the statement is true or false
All of the following are requirements that must be satisfied before premiums are waived under a waiver-of-premium provision EXCEPT
A) The insured must furnish proof of disability to the insurer. B) The insured must be disabled before some specified age, such as age 60 or 65. C) The insured must satisfy the definition of disability. D) The insured must satisfy a 2-year waiting period.
"Position power" refers to the extent to which a leader has the support and loyalty of group members.
Answer the following statement true (T) or false (F)
At Rost Corporation, indirect labor is a variable cost that varies with direct labor-hours. Last month's performance report showed that actual indirect labor cost totaled $7,540 for the month and that the associated spending variance was $560 F. If 10,800 direct labor-hours were actually worked last month, then the flexible budget cost formula for indirect labor must be (per direct labor-hour) closest to:
A. $0.85 B. $0.65 C. $0.75 D. $0.80