Answer:
A. the computers are identified to the contract.
Explanation:
The buyer has the right to recover all the goods when the seller suddenly becomes insolvent. Also where the buyer wishes to receive all the goods and also a substantial prepayment is already made and then the buyer finds out the seller has become insolvent.
Under the UCC Section 2-502, it allows the buyer to recover all the goods if the below conditions are met:
- the goods or the items must be identified to the contract
- if the buyer had paid a part of the purchase price or have made full payment
- if the buyer is willing to pay if any balance due
- after the first installment, the seller must become insolvent.
Therefore, in the context, Legal Services can recover all the computers if the computers are identified to the contract.
Answer and Explanation:
The summary of the process cost involves the physical flow of units, equivalent units of production, cost per equivalent unit, and the total cost assignment to the units worked on the given time period
Only these four things would be shown in the summary of the process cost
Other than this would be ignored
Answer:
The correct answer is D
Explanation:
Arrangement of manufacturing or processing-plant is the one which defines the relationship where the franchisor transmits or shifts to the franchisee for the essential ingredients or for the specifications in order to make the specific product. And then the franchisee will market at the retail or wholesale level as per the standards of the franchisor.
So, in this situation, the franchisor supplies the essential ingredients of the franchisee for his store and then the franchisee sold to customers the ice cream. Therefore, this relationship is regarded as manufacturing or processing-plant arrangement.
Answer:
c. both a monopoly and a competitive firm
Explanation:
A monpolistically competitive firm is a firm that has the features of both a monopoly and a competitive firm
Characteristics of a monopoly in a monpolistically competitive firm:
1. Products are differentiated in a monpolistically competitive firm.
2. Firms are price setters.
Characteristics of perfect competition in a monpolistically competitive firm:
1. There is free entry and exist into the industry.
2. There are many sellers
