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noname [10]
3 years ago
14

Article 2 of the UCC deals with the sale of ___________. It does not deal with real property (real estate), services, or propert

y such as stocks and bonds. Thus, if the subject matter of a dispute is goods, the UCC governs. If it is real estate or services, the _____________law applies. If a contract involves both goods and services, the courts generally use the_____________ test to determine whether to apply the UCC.
Business
1 answer:
yawa3891 [41]3 years ago
5 0

Answer:

goods, common, predominant-factor

Explanation:

Article 2 of the UCC deals with the sale of <u>GOODS</u>. It does not deal with real property (real estate), services, or property such as stocks and bonds. Thus, if the subject matter of a dispute is goods, the UCC governs. If it is real estate or services, the <u>COMMON </u>law applies. If a contract involves both goods and services, the courts generally use the <u>PREDOMINANT-FACTOR </u>test to determine whether to apply the UCC

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Anvisha [2.4K]

Answer:

49 is my guess!!!!!!!!

5 0
3 years ago
Read 2 more answers
The College Bookstore sells a unique calculator to college students. The demand for this calculator has a normal distribution wi
Strike441 [17]

Answer:

Option (A) is correct.

Explanation:

Given that,

Mean daily demand, M = 20 calculators per day

Standard deviation, SD = 4 calculators per day

Lead time for this calculator, L = 9 days

z-critical value (for 95% in-stock probability) = 1.65 (From z tables)

Normal consumption during lead-time:

= Mean daily demand × Lead time

= 20 × 9

= 180 units of calculator

Safety Stock = z value × SD × L^(0.5)

                     = 1.65 × 4 × (9)^(0.5)

                     = 1.65 × 4 × 3

                     = 19.8 units

Reorder Point = Normal consumption during lead-time + Safety Stock

                        = 180 units  + 19.8 units

                        = 199.8 or 200 units (Approx)

5 0
3 years ago
Chandler Tire Co. is trying to decide which one of two projects it should accept. Both projects have the same start-up costs. Pr
mojhsa [17]

Answer:

The second project should be chosen. Because the present value of the second project is greater than that of the first project.

Explanation:

The project that should be chosen can be determined by comparing the present value of both projects.

Present value is the cash flows from a project discounted at the discount rate.

Present value can be found using a financial calculator;

For project 1,

Cash flow each year from year one to six is  $52,000

Discount rate = 15%

Present value =$196,793.10

For project 2,

Cash flow each year from year one to eight is  $48,000

Discount rate = 15%

Present value =$215,391.43

The second project would be chosen because its present value is greater than that of the first project.

I hope my answer helps you

6 0
3 years ago
Logistics Company had the following items listed in its trial balance at 12/31/2018: Balance in checking account, Bank of the Ea
Elena L [17]

Answer: $352,000

Explanation:

The information needed to calculate the cash and cash equivalent are:

Balance in checking account, Bank of the East = $ 382,000

The restricted cash included in the checking account = $49,000

Treasury bills = $19,000

We subtract the restricted cash from the balance in the checking account and then add it to the treasury bills. This will be:

= ($382,000 - $49,000) + $19,000

= $333,000 + $19,000

= $352,000

4 0
3 years ago
1. Bankruptcy law is primarily state law. a. True b. False 2. The government is given the power to establish bankruptcy laws in
exis [7]

Answer:

1. Bankruptcy law is primarily state law.   b. False

2. The <u>  </u><u>federal </u> government is given the power to establish bankruptcy laws in Article I, Section 8 of the <u> U.S constitution</u>. The purpose of bankruptcy law is to protect the <u> debtor </u> by giving him or her a fresh start and to ensure <u>equitable</u> treatment of the <u> </u><u>creditors</u>.

Fill in the blanks with words that would best complete the passage.

equitable federal debtor perfect state assets state constitutions creditors U.S. Constitution

3. Bankruptcy proceedings are held in <u> federal bankrupcy courts</u>.

4. Title <u> 11 </u>of the United States Code contains the Bankruptcy Code.

5. The Bankruptcy Code has several chapters. Chapter <u> 7  </u>provides for liquidation proceedings, Chapter <u> 11  </u>governs reorganizations, and Chapter    <u>13</u> provides for an adjustment of debts for individuals with regular income.

6. In order to obtain bankruptcy relief a debtor must be insolvent, or unable to pay his debts. b. False

7. Consumer-debtors are those whose debts result from the purchase of goods for <u> personal</u> use. The Bankruptcy Code<u> </u><u>requires</u>  that court clerks provide additional<u> information </u>to consumer-debtors when they file for bankruptcy.

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3 years ago
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