The UCC requires an obligation of good faith in the performance of every contract or duty covered by the act
a. True
b. False
Indicate whether the statement is true or false
True
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Chris and Pat are a recently married couple who are living together for the first time. Pat is concerned with establishing retirement and savings accounts ASAP and then creating a 5-year plan. Chris is would like to be more spontaneous right now, especially if the two are going to have children one day. Which dimension of culture are they dealing with?
A. long-term and short-term orientation B. masculinity-femininity C. uncertainty avoidance D. power distance
It's a good idea to send a thank-you note ________
A) when someone gives you a gift B) when someone does a favor for you C) when you have been someone's guest D) in each of these situations
Jack, an American sales manager, travels to Argentina to make a business presentation. His counterpart, Santiago, does not speak English very well. During the presentation, when Jack pauses after a question, Santiago takes a long time to respond. When he does respond, he uses poor grammar and mispronunciations. How should Santiago's reaction be interpreted?
A. Santiago is stereotyping Jack. B. Santiago has poor knowledge of the topic. C. Santiago is thinking slowly in his language. D. Santiago is not interested in the presentation. E. Santiago lacks experience in his field.
The term "opportunity cost" is best defined as the benefit associated with a rejected alternative when making a choice.
Answer the following statement true (T) or false (F)