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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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What is the expected dollar rate of return on dollar deposits with today's exchange rate at $1.10 per euro, next year's expected
allsm [11]

Answer:

B. 11%

Explanation:

Recall that

Dollar return on euros = Euro interest rate + [(current exchange rate per euro - initial exchange rate per euro) ÷ initial exchange rate per euro]

Given that

Euro interest rate = 0.05 or 5%

Initial exchange rate = 1.10

Current exchange rate = 1.165

Therefore

Dollar return on Euros = 0.05 + [(1.165 - 1.10) ÷ 1.10]

= 0.05 + [0.065 ÷ 1.10]

= 0.05 + 0.059

= 0.109

OR

= 10.9 %

= 11%

4 0
3 years ago
What is the maximum total depreciation deduction that Chaz may deduct in 2020?
jenyasd209 [6]

Answer:

$ 2,103,479

Explanation:

Maximum total depreciation deduction $ 2,103,479 Chaz Corporation has taxable income in 2020 of $368,000 for purposes of computing the §179 expense and acquired the following assets during the year: Assume CARES Act applies.

4 0
3 years ago
U.S. real gross domestic product changed from $14.2 trillion in 2005 to $14.8 trillion in 2010. During that same time period, th
Oduvanchick [21]

Answer:

The dollar value of manufactured output is 2.8248%

Explanation:

change in % = final - initial/initial

                     = 1.82 - 1.77/1.77 * 100

                     = 2.8248%

Therefore, The dollar value of manufactured output is 2.8248%

7 0
3 years ago
Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time o
djverab [1.8K]

Answer:

$24

Explanation:

500 * 18 = $9000 worth of stock initially.

She sells with a $3000 gain, which means the value of the stock is $12000

12000/500 = $24

7 0
3 years ago
Suppose that consumption depends on the interest rate. how if at all does this alter the conclusions
zalisa [80]
Here is the answer. Suppose that consumption depends on the interest rate, how this alters the conclusions is that at any given level of the interest rate, national saving falls by the change in government purchases. You should also consider <span>what happens when government purchases increase. Hope this helps.</span>
3 0
3 years ago
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