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s344n2d4d5 [400]
3 years ago
10

Under the UCC Sales Article, which of the following statements is correct concerning a contract involving a merchant seller and

a non-merchant buyer? A. Only the seller is obligated to perform the contract in good faith. B. The contract will be either a sale or return or sale on approval contract. C. Whether the UCC Sales Article is applicable does not depend on the price of goods involved. D. The contract may not involve the sale of personal property with a price of more than $500.
Business
1 answer:
miv72 [106K]3 years ago
8 0

Answer:

Whether the UCC Sales Article is applicable does not depend on the price of goods involved is the correct answer.

Explanation:

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Answer:

Profitability

Explanation:

It is not enough that our target market is reachable, stable, cost-effective, and measurable. We also need to measure how profitable the market is. We know that our major aim of doing business is to make profit, therefore the profitability of the market must be measured as well.

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Which principle of design is used to make one element of a design stand out?
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B is the correct answer.
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What is the space between the buyer’s reservation price and the seller’s reservation price called?
dimulka [17.4K]

The space between the buyer’s reservation price and the seller’s reservation price is  called the Total surplus.

What is reservation price for buyer?

A reserve price or reservation price is a word frequently used in auctions and refers to the lowest amount a seller will accept as a successful bid. An alternate, less well-known definition is the highest price a customer will pay for a good or service.

What is producers reservation price?

The minimal price that buyers and sellers are ready to accept in order to buy or sell a good is known as the reservation price. It is the highest price a potential buyer or consumer is willing to pay for a good; for a seller or producer, it is the lowest price they are willing to accept.

Learn more about reservation price: brainly.com/question/13215058

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3 0
2 years ago
Corporate Fund started the year with a net asset value (NAV) of $12.50. By year-end, its NAV equaled $12.10. The fund paid year-
Setler79 [48]

Answer:

The rate of return to an investor in the fund=0.088*100=8.80%

Explanation:

Given Data:

NVA at the start of the year=(NAV)_o=$12.50

NVA at the end of the year=(NAV)_f$12.10

Distributions of income and capital gains =$1.50

Required:

The rate of return to an investor in the fund=?

Solution:

Rate of return=\frac{(NAV)_f+\ Distributions}{(NAV)_o}-1

Rate\ of\ return=\frac{12.10+1.50}{12.50}-1 \\Rate\ of\ return=0.088

The rate of return to an investor in the fund=0.088*100=8.80%

5 0
4 years ago
Half of all potential customers would pay $10 for your product but half would only pay $8 but you cannot tell them apart. Your m
IgorLugansk [536]

Answer:

The correct answer is b) $4.

Explanation:

This is simple problem, it requires us to to tell expected profit. We know that profit is equal to revenue minus expense. So in question revenue is given as $ 8 and cost is $ 4. So the profit would be

Profit = Revenue -Cost = 8 - 4 = $ 4

5 0
3 years ago
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