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3 years ago

In the sale of a business, if the requirements of the Uniform Commercial Code are not

1 answer:

5 0

If the requirements of the Uniform Commercial Code are not followed, the party that is most probable to suffer the highest injury is the buyer

The UCC comprised of rules that applied for the following contracts:

Sale of goods
Goods leasing
negotiable instruments
banking transactions
letter of credit
investment securities
transactions that are secured

It is to be adopted in many states also at the same time it gives the remedies and rights to both the buyer & seller

So, the parties that do not suffer are:

Broker
Creditor
Lender

Therefore we can conclude that If the requirements of the Uniform Commercial Code are not followed, the party that is most probable to suffer the highest injury is the buyer

Learn more about Uniform Commercial Code here: brainly.com/question/8476938

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Importance of economic growth

svlad2 [7]

Answer:

Economic growth generates job opportunities and hence stronger demand for labour, the main and often the sole asset of the poor. In turn, increasing employment has been crucial in delivering higher growth.

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2 years ago

SungSam, Inc. is designing a new digital camcorder that is projected to have the following per-unit costs to manufacture:

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The answer is B) what is the overall cost to produce a batch of 10,000 camcorders

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3 years ago

In China, state control of media is high, so companies are challenged to find ways to get their message to customers. This demon

Ivanshal [37]

This demonstrates a difficulty in crafting a global communication strategy.

The question says that the nation of China is very much controlling the media in the country. This has made it difficult for businesses to communicate with their users.

This here tells us about the issue of communication. The companies may have issues sending message across to all of its customers due to the media problem.

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2 years ago

can someone who owns a successful business give me inspiration on achieving to be a successful business owner

ziro4ka [17]

Answer: Have a sellable plan, be innovative & consistent

Explanation:

There are some things to consider that would guide you on a successful part in any venture you going into.

1) Have a plan, a sellable one; people would only buy what they need, so going into business, are you selling what they need or what you feel like doing?

2) Be innovative; innovation is one item that keeps you in market above others for a long time, if you can't be innovative, you'll leave the market earlier than you would ever imagined.

3) Be consistent; doing business is really hard, especially when you intend succeeding. You have to be consistent both in good and bad days, the result of these speaks over time.

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3 years ago

Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct

MaRussiya [10]

Answer:

c. Under applied $ 1,340

Explanation:

Computation of predetermined overhead rate

Estimated manufacturing overhead $ 594,960

Estimated direct labor hours 22,200 hours

Predetermined overhead rate per direct labor hour

$ 594,960 / 22,200 hours $ 26.80 per hour

Actual Direct Labor hours 22,150 hours

Applied overhead at predetermined direct labor rate

$ 26.80 * 22,150 hours $ 593,680

Actual overhead <u>$ 594,960</u>

Overhead under applied $ ( 1,340)

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3 years ago