Before the UCC interstate contracts for the sale of goods were primarily governed by federal common law

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


False

Business

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Answer the following statements true (T) or false (F)

1.Managers usually work within existing structures to make systems operate effectively. 2.Leaders of successful change need to have a plan to overcome resistance. 3.Change represents a process that unfolds over time. 4.Transformative change is riskier than incremental change. 5.When promoting change, the message conveyed to followers should always be positive.

Business

Maxcy Limos, Inc., is considering the purchase of a limousine that would cost $187,335, would have a useful life of 9 years, and would have no salvage value. The limousine would bring in cash inflows of $45,000 per year in excess of its cash operating costs. (Ignore income taxes.)See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided.Required:Determine the internal rate of return on the investment in the new limousine.

What will be an ideal response?

Business

What is the term for federal laws and rules that govern income taxes, gift taxes, sales taxes, payroll taxes, and other taxes?

A) IRA B) Internal Revenue Code (IRC) C) Internal Revenue Service (IRS) D) Tax Code E) Regulations

Business

When a representative for Pampered Chef cooking utensils invites friends to her home and spends 30 minutes demonstrating the superiority of the Pampered Chef products, she is engaging in ________.

A. personal selling B. a public service announcement C. public relations D. missionary sales E. sales promotion

Business