According to the UCC, a seller or buyer who reserves the right to fix a price must do so in good faith

Indicate whether the statement is true or false


TRUE

Business

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As a general rule, contracts are assignable:

A. if they are not property insurance policies. B. even without a designated beneficiary's consent. C. even if the policy's terms limit assignability. D. if they are not life insurance policies.

Business

Hank owns 100 shares of cumulative preferred stock in Wayside Transport, Inc Kelsey owns 50 non-cumulative preferred shares, and Oleg owns 120 shares of common stock. Wayside does not pay dividends in 2007 . In 2009

a. Hank and Kelsey must receive their 2009 dividends before Oleg is paid any 2009 dividends. b. Oleg cannot receive any 2009 dividends until Hank is paid for the 2007 dividends. c. Kelsey cannot receive the dividends Wayside could not afford to pay in 2007 . She will just lose them. d. All of the above.

Business

In the context of the relationship era, leading-edge firms believe that:

A. seeking new customers is more profitable than cultivating current customers. B. closely focusing on each immediate transaction with a customer is more likely to be profitable than building long-term relationships. C. satisfied customers can promote their business with more speed than promotional campaigns. D. using digital resources to gather customer data can hinder their quality of service.

Business

The measure of systematic risk is called ________

A) correlation B) covariance C) variance D) beta

Business