UCC Section 2-204 provides three important rules that enable parties to make a contract quickly and informally. Which of the following is NOT one of these rules?

a. The parties may make a contract in any manner sufficient to show that they reached an agreement.
b. A writing sufficient under the statute of frauds may be a simple memo, a letter, or informal note, but need not itself be a contract.
c. The UCC will enforce a deal even though it is difficult to say exactly when it was formed.
d. A court may enforce a bargain even though one or more terms were left open.


b

Business

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Among the different strategies, corporate strategy ______.

A. is the broadest in scope B. has the shortest time horizon C. guides the operations in a given function D. is focused on developing core competencies in a strategic business unit

Business

Which of the following is true of a consignment agreement?

A. The owner of goods delivers them to another who is to act as the owner's agent in selling the goods. B. If a manufacturer delivers all goods to its dealers on a consignment basis, the dealer cannot lawfully fix the price of those goods. C. If a manufacturer delivers all goods to its dealers on a consignment basis, the goods become the property of the dealer. D. It is always held to be joint action.

Business

Which of the following product mix pricing strategies involves pricing multiple products to be sold together?

A) product line pricing B) product bundle pricing C) optional product pricing D) by-product pricing E) captive product pricing

Business

Psychographic segmentation refers to the science of segmenting markets based on

A. behavior and demographics. B. psychology, demographics and personality. C. consumers' opinions, interests and attitudes. D. psychology and geography. E. consumers' income, age and behavior.

Business