<span>The answer is good faith. In
section 1-201 of the Uniform Commercial Code good faith is defined normally
as “honesty in fact in the conduct or transaction concerned.” Article 2 of the
U.C.C. says “good faith in the case of a merchant means honesty in fact and the
observance of reasonable commercial standards of fair dealing in the trade.”
Similarly, Article 3 on negotiable instruments describes good
faith as “honesty in fact and the observance of reasonable commercial
standards of fair dealing,” an explanation which also applies to the provisions
of Article 4 on bank deposits and collections and Article 4A on funds
transfers. The U.C.C. enforces an obligation of good faith on the performance
of every contract or duty under its purview. The law also generally necessitates
good faith of fiduciaries and agents acting on behalf of their principals.
There is also a necessity under the National Labor Relations Act that employers
and unions bargain in good faith. </span>
Answer:
The balloon payment for this loan would be $581,213.92. This can be calculated by taking the original loan amount of $1,000,000, multiplied by the interest rate of 9%, then multiplied by the difference in the amortization period (20 years) and the loan term (7 years). This equals $540,000. Finally, add the original loan amount to the interest amount, resulting in $1,540,000. This is the total amount due at the end of the loan term, or the balloon payment.
Explanation:
This is an error message. This message will be displayed when the parent ASIN is not created successfully.
<u>Explanation:</u>
ASIN stands for Amazon standard identification number. This number is a ten character number which is an alphanumeric unique identifier which has been assigned by the Amazon and it's partners for the identification of the product that is within the organisation of the Amazon.
If this message appears "This sku has an inconsistent product classification with the ASIN. Please submit a feed to update this sku to match the ASIN product classification", it means that there is an error and the ASIN has not been developed successfully because of which the product of the ASIN can not be identified. The reason for this might be that two child skus had similar attributes because of which there was a problem in the creation of the ASIN for the product.
<u>Answer:</u> Option C both a merchant and a non-merchant e-commerce company.
<u>Explanation:</u>
Harry's cars website helps people to buy from different dealership. This shows that Harry's cars is a non merchant where the firm does not own the cars or have the title to sell goods they are just a platform to sell others goods.
Harry's Cars sells bumper stickers on the website where the company owns the goods and sells them to make a profit on the e commerce website. This action of the company proves that company is a merchant e-commerce company. So Harry's cars is both merchant and non merchant e-commerce company it is a combined model.