Answer:
The correct answer is letter "D": Judy, an expert horse trainer, sells Bob a horse.
Explanation:
According to the Uniform Commercial Code (<em>UCC</em>) a <em>merchant </em>is a person who deals with a product or service of a business in which that person is regularly engaged. The <em>merchant </em>has knowledge and expertise related to the practices involved in the business transaction.
In that sense, only Judy, who is a horse trainer, would be labeled as a <em>merchant </em>by the UCC for selling a horse.
Answer:
1) True
Explanation:
The checks and balances system allows every one of the government branches a say on new laws. First of all, Congress makes and passes laws. Second, the President can veto any law, and Congress needs two-thirds votes on both houses to overrun the presidential veto. Third, the Supreme Court decides if the law is constitutional or not, if it decides that the law is unconstitutional, it is eliminated completely or partially depending on the ruling.
Answer:
C. collective bargaining
Explanation:
Collective bargaining is when negotiations for better terms of service involve and a group of employees or organized representatives of employees and the employers. The essence of collective bargaining is to have negotiations conducted by parties with interests only, not outsiders.
Collective bargaining may involve a single firm and its employees or employees from different organizations within the industry and their employers. The negotiation objective is to reach an agreement on improved terms or better working conditions.
Answer:
The correct answer is option : 1,2,4, and 5.
Explanation:
The leisure time enjoyed is not included in the GDP as it can not be expressed in monetary terms.
The value of babysitting will not be included as this transaction is not reported and thus not included in official accounts.
The loss of enjoyment people incur because of loss of scenic land will not be included as it can not be expressed in monetary terms.
The automotive parts are not final goods, they are intermediary goods and thus will not be included in GDP.
