Like the common law, the UCC provides that the parties must exchange new consideration to modify an existing sales contract

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Dimensions of tangible product quality can include ______.

A. packaging B. empathy C. reliability D. price

Business

A good way to recruit board members is to

a. ask present board members to suggest people like themselves b. contact newcomers to the community c. ask the CEO to make recommendations d. Write a letter to the largest employer in the area and ask for a volunteer e. advertise in a local publication

Business

The banker's acceptance is:

a. a negotiable instrument. b. a short-term financing device. c. a time draft drawn on and accepted by a commercial bank. d. All of the above

Business

_____ pay for every activity of the company.

A. Revenues B. Investments C. Retained earnings D. Profits E. Prices

Business