Anticipatory breach:
a. is addressed by U.C.C. Section 2-207, not by the common law
b. requires that a valid contract will not be enforced by the courts because of a subsequent illegality
c. discharges the duties of the non-breaching party and allows that party to sue for damages from the repudiation
d. is prohibited by the U.C.C., but allowed by the common law e. none of the other choices
c
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The slogans "Buy American" and "American goods create American jobs" reflect
a. concern over the number of exports leaving the country. b. concern about the threat of foreign competition. c. a desire for fewer import restrictions. d. a lack of job security within exporting firms.
On December 1, 2016, Old Car Co borrowed money at the bank by signing a 90-day non-interest-bearing note for $24,000 that was discounted at 8%. Which of the following entries is correct?
A) March 1, 2017Note Payable 23,520Cash 23,520 B) December 31, 2016Interest Expense 160Interest Payable 160 C) December 1, 2016Cash 24,000Note Payable 24,000 D) December 31, 2016Interest Expense 160Discount on Notes Payable 160
Technical skills are the ______.
A. ability to work with things B. ability to work cooperatively with others C. ability to work with ideas D. ability to be behaviorally flexible
A key element of Japan's success in world markets is
a. the elimination of waste in all operations. b. automation of the billing function. c. inefficient labor forces in competing countries. d. the verification procedures incorporated into computer programs.