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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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Explanation:

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Q 9.37: when should the gross profit method of inventory valuation not be used because it is invalid?
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3 years ago
Bluestone Company had three intangible assets at the end of the current year:
Dimas [21]

Answer:

Bluestone Company

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Patent $3,200

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Amortization Expenses:

Patent = $200 ($3,200/16)

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For the year ending December 31

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Licensing Rights $14,000

Trademark expense $7,500

BLUESTONE COMPANY

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At December 31

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Patent                       $3,200

Acc. Amortization         200    $3,000

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3 years ago
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