What is required to meet the writing requirement of the Statute of Frauds under the UCC?
A) In cases where at least one party is a merchant, either a writing signed by the party to be
charged or a written confirmation of an oral agreement that is sent to the merchant and
not objected to by the merchant. In transactions not involving a merchant, a writing
signed by the person to be charged
B) In all cases, a writing signed by the party to be charged
C) In all cases, a writing signed by all parties to the contract
D) In cases where both parties are merchants, a writing signed by the party to be charged or a
written confirmation of an oral agreement that is sent by one party to the other and not
objected to by the other party. In all other transactions, a writing signed by the party to be
charged
D
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The budgeted variable factory overhead is the standard variable overhead for the actual units produced
Indicate whether the statement is true or false
Garcia Controls hires a consultant to assess its materials handling procedures. The consultant recommends the implementation of ____ if they want easier movement of items between internal destinations in the warehouse.
A. unit loading B. piggybacking C. containerization D. inventory management E. priority transportation
Chronemics refers to the way in which ________.
A. touch is used to communicate B. posture is used to communicate C. time is used in a culture D. color is used in a culture
When Pheasant Corporation was formed under § 351, Kristen transferred property (basis of $26,000 and fair market value of $22,500) for § 1244 stock. Kristen's basis in the Pheasant stock is $26,000. Three years later, Pheasant Corporation goes bankrupt and its stock becomes worthless. Kristen, who is single, owned the stock as an investment. Kristen's loss is:
A. $26,000 capital. B. $22,500 ordinary and $3,500 capital. C. $3,500 ordinary and $22,500 capital. D. $26,000 ordinary. E. None of these.