Answer:
b. signed by both parties
Explanation:
The Uniform Commercial Codes includes the law of frauds. This is a state law which generally requires a certain contracts that is in writing and is signed by one of the parties to be enforceable.
It states that a sales agreement which is of $500 or more than that must be evidenced in a written form. The Uniform Commercial Codes confirmation memorandum of merchants allows that two parties or merchants having an oral agreement is bound to have a memo or a letter which is signed by only one party and which stands without objection for at least ten days.
Hence, confirmation memorandum signing by both the two parties is not requirement in UCC.
Thus the correct option is (b).
Answer:
Hiroshi Morishima’s Wagami Andon demonstrates how the development of halogen lights has allowed lighting designers to use relatively flammable materials near the light source.
Explanation:
In halogen light bulbs illumination takes place when electricity produces enough heat to turn on a tungsten filament, therefore emitting light or “incandescence”. Even though it is safer than previous lighting technologies, nowadays LED lighting is considered much better, since it produces a lower temperature, being safer than halogen ligthing.
Answer: TRUE
Explanation: Qualitative forecasting method are mostly based on survey polls, opinions of expert, etc.
While Quantitative deals with measurable numerical qualities, the qualitative deals with observation and opinions.
Qualitative forecasting method is a forecasting method that favours the intuitions and opinions of experts over numeric historic data. While the numeric data analysis will show that increase in production will lead to increase in sales for the coming year in a tobacco company , the experienced sales managers will let the company know that due to the recent law enforced by the government, there will be low sales in the following year. This will allow the company to either reduce their production rate or stay on the same production rate but not increase production.