Article 2 of the Uniform Commercial Code (UCC) applies to all contracts for the:
A. liquidation of assets.
B. transfer of money between banks.
C. sale of securities.
D. sale of goods.
Answer: D
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________ is a type of construct validity that assesses the extent to which a measure does not correlate with other constructs from which it is supposed to differ
A) Convergent validity B) Discriminant validity C) Nomological validity D) Concurrent validity
Under normal circumstances, the weighted average cost of capital (WACC) is used as the firm's required rate of return because:
A. as long as the firm's investments earn returns greater than its WACC, the value of the firm will not decrease. B. any returns less than the WACC will cover the fixed costs associated with the capital and provide excess returns to the firm's stockholders. C. it is the average of all the interest rates on the firm's existing debt. D. it is an indication of the returns the firm expects to earn in the future from investing in capital budgeting projects. E. it represents the average return the firm currently earns on the funds it has invested in assets.
Advantages of the matrix structure include
A) project managers can maintain maximum project control and authority with the help of functional managers over their team members and cost. B) budgeting and staffing for projects become easy to create and manage. C) the decision-making process becomes simplified due to authority. D) all of the above.
Friday failed to take seriously a lawsuit filed against him by Ranger. He completely ignored the papers describing the case and the request made by Ranger's attorney directing him to appear in court and answer the allegations made by Ranger. Because of
Friday's course of action, Ranger's attorney entered the proper papers in court allowing the case to proceed on evidence presented by Ranger alone. Friday claims that this procedure by Ranger's attorney was improper, since he (Friday) was not given the opportunity to defend himself in court. Is Friday correct?