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Lostsunrise [7]
3 years ago
14

Which of the following statements about the Uniform Commercial Code (UCC) is true? Group of answer choices The UCC contract form

ation includes offer, acceptance, and consideration. The UCC governs land and houses. The UCC article 2 governs contracts for services and securities. The UCC seeks to provide uniformity to contracts law among the different states.
Business
1 answer:
sergey [27]3 years ago
8 0

Answer:

1- The UCC contract formation includes offer, acceptance and consideration.

Explanation:

Elements "Offer" and "Acceptance" together form mutual assent. Also, in order to be enforceable, the contract must be for a legal purpose and parties to the contract must have capacity to enter into the contract, that part is related to consideration.

Offer → gives power of acceptance to another party, besides it includes the agreement´s essential elements (they have to be definite and certain).

Acceptance → must be a mirror image of the offer.

Consideration → All common-law contract must contain this element as a valid one. It means that there must be a bargained for interexchange of acts or promises, both parties incurring new legal detriment or obligations as a consequence of the contract.

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4vir4ik [10]

Answer:

20.1%

Explanation:

In capital asset prcing model (CAPM), cost of equity (or cost of retained earnings in this context) is calculated as below:

<em>Cost of equity = risk-free rate of return + beta x (market index return - risk-free rate of return)</em>

Please note that <em>(market index return - risk-free rate of return)</em> is equal to <em>market risk premium</em>

Putting all the number together, we have:

Cost of equity/retained earnings = 2.5% + 2.2 x 8% = 20.1%

<em>Note: The dividend growth rate, tax rate & stock standard deviation is not relevant in answering the question.</em>

6 0
3 years ago
A customer invests $100,000 in a real estate limited partnership. In the first year of operations, the investor is allocated $20
nata0808 [166]

Answer:

-$130,000

Explanation:

The computation of the net loss deducted from his return is shown below:

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We simply deduct the revenues from the expenses so that the net income or net loss could come

3 0
3 years ago
Changes in the quality of a good a. present a problem in the construction of the consumer price index, and that problem is somet
Agata [3.3K]

Answer:

D

Explanation:

The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Because the price of price of used cars and trucks in US has increased , the CPI would increase

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

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8 0
3 years ago
Kitchen and Laundry and More has annual credit sales of $2,473,701 and cost of goods sold of $1,838,207. The average accounts re
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32.59 days

Explanation:

DSO = Average receivables / Sales Revenue X 365

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= $56,736 / (635,494) x 365

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3 0
2 years ago
XYZ stock is trading at $25.75 and XYZ Jul 25 calls are trading at a premium of $2. What is the time value of the Jul 25 calls
RSB [31]

Answer:

$125

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Premium. = 2 or $200 i.e 2×100

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= $125

5 0
3 years ago
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