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Levart [38]
2 years ago
13

Dan, a computer programmer, holds a garage sale to sell a lawnmower, some clothes, some CDs and some old clothes. Will, a lawyer

, sells Thelma his collection of seashells. Philip, a CEO of a successful company, sells George his pet parakeet. Judy, an expert horse trainer, sells Bob a horse. Which person would be considered a merchant under the UCC?
A. Dan.
B. Will.
C. Judy.
D. Philip.
Business
1 answer:
Mama L [17]2 years ago
6 0

Answer:

<em>C. Judy</em>

Explanation:

A merchant underneath the Uniform Commercial Code is an individual who:

  • <em>Trades on items such as those included in the sales agreement. </em>
  • <em>Through profession, it considers itself to have unique skills and knowledge relating to the activities or products involved in the deal. </em>
  • <em>Hires a merchant as a dealer, broker or any other distributor.</em>

An individual is a merchant whenever, working in a professional context, he or she possesses or utilizes skills related specifically to both the products and services being offered.

<em>Judy is an expert in horse training, therefore possess skills, that will offer her an advantage in selling horses.</em>

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Incomplete question. However, I answered based on the information.

Explanation:

We can determine which Credit card is best in terms of its interest rate by comparing both rates monthly:

Credit card A

<u>APR for the First 3 months:</u>

4.1% / 360 days = 0.009% x 30 = <u>0.27% </u>per month for the first 3 months.

<u>APR for Next 9 months:</u>

15.7% / 360 days = 0.04361% x 30 = <u>1.308% </u>per month for the next 9 months.

Credit card B:

<u>APR the First 3 months</u>

4.2% / 360 days = 0.011% x 30 = 0.33% per month for the first 3 months

<u>Next 9 months:</u>

15.5% / 360 = 0.04305% x 30 = <u>1.291%</u> per month for the next 9 months

Hence, we can conclude,

  • For the first 3 months, Credit Card A is best because it offers lower interest charges.
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7 0
2 years ago
Read 2 more answers
Little LampLighter Inc has a book value of $10 million in debt; its bonds are trading at $900 and there are 11,000 outstanding.
kumpel [21]

Based on the amount of debt and equity that Little LampLighter has, the weighted average rate of return would be 12.3%.

<h3>What is the weighted average rate of return?</h3>

First find the total value of debt and equity:
= 10 + 25

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The weighted average return is:

= (10 / 35 x 8%) + (25 / 35 x 14%)

= 2.286% + 10%

= 12.3%

Find out more on weighted average rate of return at brainly.com/question/17284158.

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Under the __________ system the number of choices in the market is directly related to government involvement in markets
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Under the Communist System the number of choices in the market is directly related to government involvement in markets.

Communist system is a market system wherein all market decisions are made by the government. 
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Anthony is deciding between different saving accounts at his bank.he has four options,based on how frequently interest compounds
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The appropriate response is Daily Compounding. Progressive accrual is the expansion important to the key total of an advance or store, or as it were, enthusiasm on intrigue. It is the aftereffect of reinvesting premium, instead of paying it out, so that enthusiasm for the following time frame is then earned on the chief total in addition to the already gathered premium.
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3 years ago
The opening of which canal significantly reduced the time and money required to ship goods between the east coast and the west c
bazaltina [42]

Answer:

The Erie Canal

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