Which of the following does not increase your net worth?
A) An increase in your retirement balance
B) An increase in your home value
C) An increase in your mutual funds
D) The purchase of a new car
Answer: D
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Pascal is a buyer for Kelly Benjamin department store in Kentucky. While Pascal was buying visiting California, he found a solar car on sale for $3,000. Pascal contracts to buy the car for Kelly Benjamin, who wants to buy a solar car. Kelly instructs the seller to ship the car. Under these circumstances:
A. Kelly is not liable since Pascal made the purchase. B. Pascal is considered to have ratified the contract. C. Pascal and Kelly are both liable on the contract. D. Kelly is considered to have ratified the contract.
Which of the following sources of conflict results from the varying ways people view the world?
A. personalities B. differences in perception and values C. differences over facts D. unfulfilled expectations
Some retailers have feared that their customers will like the convenience of Internet shopping and quit shopping at their stores. To combat this, many mall retailers have tried to create a shopping experience that is entertaining because they believe that Internet retail sites are not designed to be fun. That's why you'll see fashion shows, magic acts, local singers and children's art exhibits at malls. The malls are encouraging ________ behavior.
A. Avoidance B. Holistic C. Cognitive D. Social interaction E. Ergonomic
A seller or buyer is considered a merchant by the UCC when he:
a. regularly deals in goods of the kind involved in the transaction b. by occupation presents himself as having knowledge or skill specialized to the transaction c. employs an agent or broker who holds himself out as having requisite knowledge or skill d. any of the other specific choices e. none of the other choices