Pizazz, Inc sold a condo on the 34th floor in a building in downtown Chicago. This contract is governed by Article 2A of the UCC
a. True
b. False
Indicate whether the statement is true or false
False
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Duplication of applications is one of the major drawbacks of _____.
A. user development B. outsourcing C. licensing D. using software as a service
The ________ is a group of characteristics that is used to assign segment members
A) perceptual map B) demographic base C) segmentation base D) USP E) position statement
Marco Insurance acquired shares of Penny Systems' common stock on December 28, 2013, for $400,000 and classified them as trading securities. The fair value of these securities on December 31, 2013, was $402,000 . Marco Insurance sold these shares on January 3, 2014, for $405,000. (Refer to the Marco Insurance) The journal entries to record acquisition of trading securities on December 28, 2013
a. Cash..................................................... 400,000 Marketable Securities.....................................400,000 b. Other Comprehensive Income..............400,000 Marketable Securities.....................................400,000 c. Marketable Securities..........................400,000 Other Comprehensive Income....................... 400,000 d. Marketable Securities..........................400,000 Cash................................................................400,000 e. Marketable Securities..........................400,000 Net Income.....................................................400,000
Which of the following is true of a draft?
A) It is always a two-party transaction. B) It is an unconditional written promise to pay. C) It is a note created upon deposition of money. D) It is a pay to order transaction.