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:
d) joint property ownership
Explanation:
A partnership is created by two or more individuals who combine resources, skills, and energies to start a business. The motive for starting the business is profits. The partnership deed guides the formation of a partnership business. Partners may also draft an agreement on how they will share profits, losses, or assets should be business be dissolved.
Partners contribute capital required to start and operate the business. The capital contributed may be in the form of cash, assets, or properties. The contributed capital becomes part of the business assets. The assets are registered under the partnerships' name. For Robyn and Austin, the land will be in the name of their business if they have a partnership business. But if they jointly own the land, a court may rule that they are not in a partnership business.
Answer: A. True because everything has happened has many effects for many different behaviors in people’s lives.
The fact that Coca-Cola is superior to its competitors in its distribution of products is an example of distinctive competency. Coca Cola as a company has practices, technical skills, technologies and resources that increase its competitiveness with comparison to other companies. Distinctive competencies are the competencies that differentiates the brand from competitors.
Answer: decrease in efficiency / increase in equality
Explanation: Efficiency and Equality are two economic terms used to define the distribution of a countries wealth or resources. Efficiency describes how a country aims to manage its resources in other to attain maximum output while equality describes equal distribution of a nation's wealth. In the scenario above, if the country raises income taxes on the wealthiest Americans while increasing welfare payment to the poorest, this shows an idea of redistribution of wealth so that income from the wealthy is transferred to the poor by reducing the profit of the wealthy and raising the income of the poor. Now, these has an effect on the efficiency of the economy, with increased incentive and payment being offered to the poor and a decrease in the profit made by the wealthy due to increased taxes. The desire to put maximum effort to work reduces on the path of both, hence leading to a decrease in production of goods and services hence, decrease in efficiency
