Answer:
We can assume that both Strike and Bailey are American companies and that they operate in that US under the UCC rules. Under UCC rules they are both considered merchants since they trade with the goods related to the contract. Strike's offer was very precise and Bailey's acceptance was made in a reasonable manner which can be considered a valid acceptance.
The only difference exists with the shipping company, which the UCC rules consider a conflicting term and Strike should have either objected or ratified it before sending the goods. Since Strike didn't object Bailey's terms, then by using a different truck company it is breaching the contract.
Answer: Federal Reserve Board
Explanation:
The Federal Reserve Board represents the leadership of the Federal reserve system or the Fed, America's central bank.
Decisions that have to do with the eligibility of an over-the-counter stock for purchase on margin falls under Federal purview and is regulated by the Federal Reserve Board and enforced by the Financial Industry Regulatory Authority.
Answer:
debit Sales $15,000; debit Purchases Returns and Allowances $200 and credit Income Summary for $15,200
Explanation:
Based on the information given the CLOSING ENTRY that RB Auto would make at the end of the accounting period to close their revenue accounts and income statement accounts with credit balances are:
Debit Sales $15,000
Debit Purchases Returns and Allowances $200 Credit Income Summary for $15,200
($15,000+$200)
(To close revenue accounts and income statement accounts)
Employment patterns become inconsistent due to specialization and trade because the qualifications needed from an applicant can change or become too specific because of the specializations. Trade can change the required knowledge needed from an applicant based on what products are being traded.
Based on the information about the debt obligations, to avoid the winner's curse, your bid should not be larger than $3 million. Therefore, it's false.
<h3>What are debt obligations?</h3>
It should be noted that debt obligations simply means the debt securities that are issued by companies in regards to money borrowed.
The firms that fail to meet their debt obligations are immediately auctioned off to the highest bidder in Sweden. In such a case, the current managers are often the high bidders for the company.
In such situations, to avoid the winner's curse, your bid should not be larger than $3 million. This is because it's the approximate intrinsic value.
In conclusion, based on the information about the debt obligations, her correct option is false.
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