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Anvisha [2.4K]
3 years ago
8

According to the Uniform Commercial Code, if the original agreement requires any modification to be in writing, an oral modifica

tion: Select one: A. is unenforceable. B. can be enforced if the value of the goods exceeds $500. C. is enforceable. D. can create legal value.
Business
2 answers:
goldfiish [28.3K]3 years ago
5 0

Answer:

(A). is unenforceable

Explanation:

The Uniform Commercial Code is a state law that <u>guides sales and commercial transactions in the United States.</u>

According to the Uniform Commercial Code, both written and oral agreements can be enforceable.

However, <u>there are certain situations where the original agreement states that modifications have to be in writing. In such situations, </u><u>an oral modification is unenforceable.</u>

ASHA 777 [7]3 years ago
4 0

Answer:

The correct answer is letter "A": is unenforceable.

Explanation:

The Uniform Commercial Code (UCC) section 2-209 is the set of rules governing contracts especially related to the sale or lease of goods. According to the UCC, no oral modification applies in case there is a specific clause in the contract informing that. As oral modifications cannot be enforceable, the parties involved in the contract must be changed written if necessary.

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Answer:

A and D

Explanation:

Your top leader coordinates the activities of functional departments, like the Marketing and Sales department, and customer groups, like Small Business Accounts division.

One matrix boss is in charge of the Small Business Accounts division.

In an organization that has a matrix structure, one matrix boss oversees one side of the matrix, either a functional area (in this case Marketing & Sales) or a division (in this case the Small Business Accounts division).

Top leader is used to describe the manager that coordinates the entire matrix, in this case, both the Small Business Accounts division and the Marketing and Sales department. This manager must resolve competing demands between the two sides of the matrix.

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4 years ago
Monetarist Theory states that:
Bess [88]

Answer:

The correct answer is (c)

Explanation:

Monetary economists believe that Federal Reserve controls the economic output. The policy Federal Reserve Bank applies determines the economic situation of a country. The Federal Reserve is liable to apply the monetary policy, and that monetary policy moves the country's output. If money supply increases in the economy it can lead to inflation and lower interest rate.

5 0
3 years ago
Determine whether the following would be reported in the financing activities section of the statement of cash flows and, if so,
Marat540 [252]

While you buy a bond, you're loaning cash to both a government and a corporation. whilst these entities first difficulty the bonds, they're bought at "par", which means you lend, say, $a hundred, and at the adulthood of the bond, you'll acquire $100 lower back. at the time of the difficulty, the coupon charge is also set, primarily based on modern-day interest quotes and the entity's credit score. This determines the yearly or semiannual quantity you will acquire when buying the bond.

A bond can be bought on the secondary market before adulthood. however, the price of this bond will promote greater than par (i.e. a premium) if present-day interest quotes decrease than what they had been while the bond was issued and less than par if interest fees have gone up (i.e. a reduction).

An example, a bond is issued these days, maturing in 10 years with an annual coupon of five%. In 5 years, hobby fees have risen to 7%, so someone shopping for the bond with a five% coupon would demand a discount at the face price (in any other case, they could just buy the 7% bond at par).

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7 0
2 years ago
The Purpose or objectives of Competition Policy​
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8 0
3 years ago
Muhares, which uses a process-costing system, adds material at the beginning of production and incurs conversion cost evenly thr
Lapatulllka [165]

Answer:

c). 60%

Explanation:

Calculation for what the ending work-in-process inventory's stage of completion is:

First step is to calculate the Units in process

Units in process = 8,000 - 6,500

Units in process= 1,500 units

Second step is to calculate Equivalent units of conversion for in process

Equivalent units of conversion for in process = 7,400 - 6,500

Equivalent units of conversion for in process= 900

Now let calculate the ending work-in-process inventory's stage of completion

Ending work-in-process inventory's stage of completion=900 / 1,500

Ending work-in-process inventory's stage of completion= 0.60*100

Ending work-in-process inventory's stage of completion=60%

Therefore the the ending work-in-process inventory's stage of completion is:60%

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3 years ago
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