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deff fn [24]
3 years ago
10

Richard owns and operates a small business at an outdoor market where he sells fruits and vegetables. What does the UCC specific

ally require of Richard with respect to his customers
Business
1 answer:
gulaghasi [49]3 years ago
5 0

Answer:

a. Observance of reasonable commercial standards of fair dealing

Explanation:

As Richard owns and operates a small business at an outdoor market where he sells fruits and vegetables. UCC specifically require Richard with respect to his customers to treat them equally and fairly and he should not be involved in any kind of cheating and misleading the customers in any way and at any level. Customers should be proved with the quality and fresh fruits and vegetables at the reasonable mentioned and set prices.

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For each separate case, record an adjusting entry (if necessary). Barga Company purchases $32,000 of equipment on January 1. The
scoundrel [369]

Answer:

<u>Equipment:</u>

                                                  Dr.       Cr.

Depreciation Expense          $5,520

Accumulated Depreciation                $5,520

<u>Land:</u>

Land never depreciates, so there is no adjusting entry for the Land purchased on year end.

Explanation:

Year end is not given in the data so, it is assumed the December 31 is the end of the year

Equipment

Depreciation  for the year = ( Purchase price - Residual value ) / useful life

Depreciation  for the year = ( $32,000 - $4,400 ) / 5 years

Depreciation  for the year = $5,520

8 0
4 years ago
The demand for automobiles is expected to decrease this year. Other things being equal, which of the following is the best forec
irga5000 [103]

Answer:

A decrease in both the market equilibrium price and the market equilibrium quantity of autos sold.

Explanation:

A fall in the demand for automobiles would shift the demand curve to the left.

As a result of the leftward shift, both equilibrium price and quantity would fall.

I hope my answer helps you

7 0
3 years ago
People in emerging countries today are becoming increasingly health conscious and are seeking healthy food choices. as a result,
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People in emerging countries today are becoming increasingly health conscious and are seeking healthy food choices. as a result, demand for healthy foods is rising steadily, creating an opportunity for marketers to exploit this need market. Needs range from basic survival desires satisfied by using necessities, to cultural, highbrow, and social desires satisfied with the aid of necessaries.

3 0
3 years ago
Last year, Ricardo sold a piece of unimproved real estate to Cliff for $20,000. Ricardo acquired the property 15 years ago at a
Afina-wow [57]
The correct answer is : 7000
4 0
3 years ago
In the country of Economica, the total labor force consists of 15,000 workers. 750 of these workers are unemployed, and thus the
wel

Answer:

At the end of the year, the labor force will consist of 15,555 workers

The unemployment rate will be 7.71%

Explanation:

In order to calculate the labor force we would have to make the following calculation:

labor force=labour force - workers will lose their jobs +workers will return to the labor force - workers voluntary leave their jobs + new workers entered

labor force= 15,000 - 300 + 255 - 150 + 750

labor force=15,555

At the end of the year, the labor force will consist of 15,555 workers

In order to calculate the unemployment rate we would have to make the following calculation:

unemployment rate=Unemployed labour force/labor force

Unemployed labour force=new workers entered+workers will lose their jobs+workers voluntary leave their jobs

Unemployed labour force=750 + 300 + 150

Unemployed labour force=1,200

Therefore, unemployment rate=1,200/15,555

unemployment rate= 7.71%

The unemployment rate will be 7.71%

3 0
3 years ago
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