The weighted-average break-even point in units is 4364 if the company typically sells 5 basic models to 3 premium models (rounded off).
What Does Break-Even Point (BEP) Mean?
By comparing the market price of an asset to its initial cost, the break-even point (break-even price) for a trade or investment can be identified. When the two prices are equal, the break-even point is reached.
In corporate accounting, the break-even point is calculated by dividing the total fixed production costs by the revenue per unit less the variable production costs per unit. Fixed costs in this context refer to expenses that are constant regardless of the number of units sold. The break-even point refers to the production level where total sales for a product equal total expenses.
Calculation:
Basic contribution per unit = 100 - 75 = 25
Premium contribution per unit = 150 - 100 = 50/unit
The average contribution in weighted terms is (25 * 5/8) + (50 * 3/8) = 34.375/unit.
Break-even in composite units is calculated as 150000 / 34.375, which is rounded to 4364 units.
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which of the following statements are accurate regarding supplies? (check all that apply.)
a. Unused supplies are treated as expenses.
b. when supplies are purchased, they are added to the supplies account.
c. Supplies are assets until they are used.
d. Unused supplies can be recorded as Store Supplies, Office Supplies or Supplies.
e. Supplies is considered a liability account Unused supplies are treated as assets
.a. Unused supplies are treated as expenses.
b. when supplies are purchased, they are added to the supplies account.
c. Supplies are assets until they are used.
d. Unused supplies can be recorded as Store Supplies, Office Supplies or Supplies.
The supply of a resource in economics refers to the quantity that businesses, producers, laborers, suppliers of capital assets, or other economic agents are willing and able to offer to the market or to a single consumer. Supplies are considered a current asset until the point at which they're used, afterwards they become a liability and expense over the economy. When businesses buy supplies on credit, they must document the transaction in their financial records using multiple journal entries and its pivotal for bookkeeping.
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what is the present value of principal payment for $1,000, 5 year bond with a stated coupon rate of 8% and a market rate of 10%? multiple choice question.
The present value of interest payments for $1,000 for a 5 year bond with a stated coupon rate of 8% in a market rate of 10% is $303.
What is a coupon rate ?The nominal return given by a fixed-income instrument is known as a coupon rate. It refers to the annual coupon payments made by the issuer in relation to the face value or par value of the bond.
The nominal yield the bond is stated to pay on its issue date is known as the coupon rate, sometimes known as the coupon payment. The yield to maturity (YTM) of a bond is determined by how this yield fluctuates with changes in the bond's value.
A bond's coupon rate can be determined by dividing the total annual coupon payments made by the security by the bond's par value. A bond issuer chooses the coupon rate depending on the market interest rates that are in effect at the time of the issuance, among other factors.
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In managing its product portfolio, 3m demands that a specific percentage of its yearly sales come from new products introduced within the previous few years to better withstand external shocks and.
In managing its product portfolio, 3m demands that a specific percentage of its yearly sales come from new products introduced within the previous few years to better withstand external shocks and manage risk through diversification.
Demand is a monetary time period that refers to the number of products or services that purchasers want to buy at any given rate level. The mere choice of a client for a product isn't to demand. Call for includes the shopping electricity of the purchaser to collect a given product at a given length.
The rate of the coolest or carrier. The earnings of shoppers. The prices of related items or services—either complementary and purchased alongside a particular object or substitutes sold in preference to a product. The tastes or preferences of clients will pressure demand.
Call for is a representation of a consumer's desire to buy items and services; it acts as a size of a consumer's willingness to buy a particular proper or service at a given fee.
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A business analyzes what competitors are charging for products.
When a business analyzes what the competitors are charging for their products, it is known as the process of marketing info management.
What is the significance of business competitors?A business competitor can be referred to or considered as an organization that deals in the same product that is offered for sale by other enterprises in the same market.
It is important for a business to keep an eye on the acts of its competitors, as it helps them in keeping themselves updated with marketing info management.
Therefore, the significance regarding the business competitors has been aforementioned.
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When a country engages in international specialization, it focuses on producing?
A nation that practices international specialization concentrates on manufacturing the goods with the lowest opportunity costs.
Specialization is a production strategy where an organization concentrates on producing a small range of commodities to increase efficiency. For instance, many nations specialize in creating locally unique goods and services, which they then exchange for other commodities and services. Since few nations have sufficient industrial capability to be entirely self-sufficient, specialization serves as the foundation of international trade. Focusing on a single product or a small range of items allows businesses to specialize and become more effective.
A corporation or economy can benefit from specialization by increasing productivity and gaining a competitive edge. In macroeconomic specialization, the broad advantage is considered, while in microeconomic specialization, the individual players and economic components are considered.
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Ryan and alex are asked to try to convince allison to do the company picnic again. Which would be the best way to convince allison, using expert power or rational persuasion? choose the correct answer.
The best way to convince Allison, would be through the use of rational persuasion.
What is rational persuasion?Rational persuasion refers tot he ability to help a person to see logical reasons and proof that highlight why a particular course of action is right. When a person applies rational persuasion, they will be able to show concrete proof that are not just based on emotions but on tested facts.
When applied to this case, Ryan and Alex might have to tell Allison the reasons why it will be in the best interest of the company to organize the picnic. They might show him how previous picnics created stronger bonds between members of the organization. They might also tell him that such picnics will help people to unwind.
So, through rational persuasion, they will make the point clear. Rational persuasion can be used in arguments. Instead of forcing our opinions on others, we should show them why certain things are right or wrong.
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the federal reserve has a mandate from congress that includes a. price stability and employment. b. price stability and fiscal policy. c. price stability and taxation. d. regulating the collection of unemployment data.
The federal reserve has a mandate from congress that includes price stability and employment.
Federal reserve:
The Federal Reserve must implement monetary policy, according to the Federal Reserve Act. Even though the legislation specifies three different objectives for monetary policy, the dual mandate for the Fed's monetary policy is more often used. The conditions necessary for interest rates to stabilise at moderate levels are created by an economy in which those who want to work either have a job or are likely to find one fairly quickly, and in which the price level (meaning a broad measure of the price of goods and services purchased by consumers) is stable.
The demand for products and services declines when interest rates rise. This is especially true for industries that are most affected by interest rates, such housing and durable goods, where supply and demand are most out of balance.
So, the correct option is A.
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discuss changes in the job market for it workers. how does the job market and current state of the economy affect human resource management?
The job market and current state of the economy have a significant impact on human resource management. With the current state of the economy, businesses are struggling to stay afloat and are cutting costs wherever possible. This often includes cutting jobs and reducing benefits.
What is human resource?
The department of a company tasked with finding, vetting, hiring, and training job applicants is known as human resources (HR). Additionally, it manages benefit plans for employees. In the twenty-first century, HR is critical to helping businesses adapt to a business environment that is changing quickly and to the increased demand for qualified workers. The term "human resource" was first used by American institutional economist John R. Commons in his 1893 book The Distribution of Wealth. However, it wasn't until the 20th century that HR divisions were formally established and given the responsibility of resolving disputes between workers and their employers.
As a result, human resource managers must be very careful when hiring and managing staff. They must ensure that they are hiring the best possible candidates and that they are managing their staff in a way that is efficient and effective.
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two or more interdependent teams that share a superordinate goal are known as . question content area bottom part 1 a. uni-functional teams b. multiteam systems c. cross-functional teams d. problem solving teams e. self-managed teams
Two or more interdependent groups that proportion a superordinate goal are called: multiteam structures.
Superordinates. Superordinate phrases (regularly additionally referred to as 'hypernyms,' 'anaphoric nouns,' or 'discourse-organizing words') are nouns that can be used to stand for an entire 'elegance' or 'category' of things. as a result, a superordinate time period acts as an 'umbrella' term that consists of inside it the meaning of different words.
Superordinate identities are. defined as the need for an overarching identification that includes the ingroup and the. outgroup. As a superordinate purpose is connected to multiple subordinate goals, it calls for more than one behavior across more than one time. as an example, the superordinate aim to “be healthful” can't be executed via taking one yoga class, however, requires a couple of intention-consistent actions over time.
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The action of working or acting together for a common purpose or benefit is
A.) Analytical Thinking
B.) Cooperation
C.) Integrity
D.) Dependability
The action of working or acting together for a common purpose or benefit is called cooperation.
What is working together?Working together is described as the means of forming a collaboration through which a shared goal or a common goal is achieved.
Acting or working together so that a common benefit or a common purpose can be fulfilled is highlighted as cooperation. Cooperation allows people working in a team to work cooperatively because all the people work actively so that a shared goal can be achieved. This benefits collectively all the people cooperating.
It can be concluded that the action of working or acting together for a common purpose or benefit is called cooperation.
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a company has a data ingestion workflow that consists of the following: • an amazon simple notification service (amazon sns) topic for notifications about new data deliveries
Subscription to the SNS topic and the creation of an Amazon Simple Queue Service (Amazon SQS) queue.
What is Amazon SQS?In late 2004 and mid-2006, Amazon.com made the distributed message queuing service known as Amazon Simple Queue Service (Amazon SQS). To communicate over the Internet, it supports delivering messages programmatically through web service applications. With SQS, problems with the common producer-consumer problem or connectivity between producers and consumers are supposed to be solved by offering a highly scalable hosted message queue.
The commoditization of the messaging service can be characterised by Amazon SQS. IBM WebSphere MQ and Microsoft Message Queuing are two popular examples of messaging service technology. Users don't have to care for their own server, unlike with these technologies. In exchange for payment per use, Amazon performs it on their behalf.
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Bob purchases a book for $6, and his consumer surplus is $2. How much is bob willing to pay for the book?.
If Bob purchases a book for $6, and his consumer surplus is $2. The amount he is willing to pay for the book is $8.
What is consumer surplus?Consumer surplus can be defined as the way in which the amount that a consumer is willing to pay for a product is higher than the amount or the price the consumer bought the goods which implies that the consumer has a excess money left.
Using this formula to determine or find the amount he is ready and willing to pay for the book
Amount willing to pay = Cost of book + Consumer surplus
Where:
Cost of book = $6
Consumer surplus = $2
Let plug in the formula
Amount willing to pay = $6 + $2
Amount willing to pay = $8
Therefore we can conclude that bob will pay the amount of $8 for the book.
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Since it‘s where most young adults spend their time, 50% of retailers spend at least half of their marketing money on.
Since it‘s where most young adults spend their time, 50% of retailers spend at least half of their marketing money on Mobile social advertising.
What is marketing?Marketing can be defined as a process through which the company or a brand makes the consumer aware of their products And or perceive them to buy their commodity or the service they are providing.
As Retailers spend approximately 50% of their income on convincing young adults who spent most of their time on social media to Buy a particular product. They use mobile or social media advertising to do so as Most young adults buy their products from that source.
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Cost-led pricing refers to which of the following pricing calculations?
A)calculating the cost of manufacturing and delivering the product and adding a profit margin
B)calculating the cost based on how much profit you have targeted in your business plan
C)calculating the price based on the maximum price a customer will pay
D)calculating the price based on competitive products
Calculating the price based on the maximum price a customer will pay
Cost-plus pricing is a pricing method that determines a product's selling price by adding a particular fixed percentage (a "markup") to the product's unit cost. The markup % is essentially a means of obtaining a specific desired rate of return. Value-based pricing is an alternative pricing technique.
Cost-plus pricing is frequently used for government contracts (cost-plus contracts), and it has been criticized for diminishing the incentive for suppliers to reduce direct costs, indirect costs, and fixed costs, Companies implementing this technique must meticulously record their costs to ensure a complete picture of their entire costs. This data is required to provide accurate cost estimates.
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joe owns a logging company that provides trees to lumber yards. joe is looking to buy a new truck that will be able to haul four thousand pounds of cargo at one time. joe goes to a dealership that is selling yugo 4x4 pick-up-trucks. the owner of the dealership tells joe that each truck can haul up to five thousand pounds of cargo at a time. joe buys one of the trucks but finds out later that the truck he has bought can only haul twelve hundred pounds at a time. if joe sues the dealership, he will probably:
Answer:
He will proably prevail for breech of warranty
Explanation:
disadvantages of joint venturing can include all of the following except: a) joint venture partners must share rewards as well as risks. b) joint ventures allow partners to achieve synergy. c) joint ventures can have the potential for conflict between partners. d) a dynamic joint venture partner can evolve into a strong competitor. e) a company incurs very significant costs by joint venturing.
Disadvantages of joint venturing can include all of the following except joint ventures allow partners to achieve synergy.
A joint venturing is a business organization created by two or more parties, normally identified by shared ownership, shared returns and risks, and shared governance.
A joint venture is a blend of two or more parties that look for the evolution of a single venture or project for profit, split the risks associated with its evolution. The parties to the joint enterprises must be at least a blend of two natural persons or entities.
One of the most prominent joint enterprises advantages is that it can help your business grow rapidly, increase potency and generate greater profits. Other advantages of joint enterprises involves: acquire to new markets and dispensation networks, increased proportions.
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In life insurance the needs approach is used?
Used to estimate the amount of insurance coverage an individual will need. This needs approach considers the amount of money needed to cover funeral expenses as well as debts and obligations such as a mortgage or college fees.
Insurance is an agreement between two or more people in which the insured party pays contributions/contributions/premiums to obtain compensation for the risk of loss, damage, or loss, which may occur due to unforeseen events.
Insurance cannot eliminate the risk of unexpected events, but insurance can reduce the impact of losses arising from these events, both on a small or large scale. Now insurance has become part of financial planning for some people for the long term.
Elements in Insurance
Premium. Premium is an obligation paid by the insured party to the insurer (insurance service provider) as a risk transfer serviceInsurance policy. An insurance policy is a legal document that forms the legal basis for the relationship between the insured (customer) and the insurer (service provider/insurance company).Claim. An insurance claim is an official application submitted by a customer to an insurance company to make a payment as a form of compensation for damage or loss based on the provisions of the insurance policy.You can learn more about Insurance here brainly.com/question/27822778
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on september 1, year 1, health wise international acquired a 6 percent, 9-month note receivable from herbal innovations, a credit customer, in settlement of a $22,000 account receivable. prepare journal entries to record the following. a. the receipt of the note on september 1, year 1, in settlement of the account receivable. b. the adjustment to record accrued interest revenue on december 31, year 1. c. the collection of the principal and interest on may 31, year 2.
The direct labor cost per equivalent unit for the department using the weighted-average method is $3.95.
The total number of equivalent units is 83,850. Thus, the direct labor cost per equivalent unit for the department using the weighted-average method is $3.95.
The direct labor cost per equivalent unit for the department using the weighted-average method is computed by dividing the total direct labor cost by the total equivalent units.
The direct labor cost is calculated by adding the direct labor expenses in work-in-process of $37,100 and the labor cost incurred during January of $294,300. Thus, the total direct labor cost is $331,400.
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in accrual basis accounting, revenue is recorded when the seller ______.
in accrual basis accounting, revenue is recorded when the seller's product is shipped or service is provided.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
Even though the cash for the transaction has not yet been exchanged, accruals are earnings or expenses that have an influence on a company's net income on the income statement. Due to the non-cash assets and liabilities they involve, accruals also have an impact on the balance sheet.
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what occurs during the commercialization stage of the new-product development process? multiple choice question. launching full-scale production for a new product ensuring a new product meets the standards established by the protocol finding industrial and government buyers for a new product testing customers using realistic purchase conditions to see if they will buy a new product
The things that occurs during the commercialization stage of the new-product development process are:
ensuring a new product meets the standardsWhat is new-product development process?The new-product development process can be described as the process of production of the new product as well as seeking for the best market for this product so that it can meet the standard of the company.
It should be noted that during the Commercialization process of the new product, the new product is been brought to the market after the research about he market has been made so that the firm can make a good profit from the marketing of the product.
In conclusion,. the act of commercialization involves the activities such as :
production distribution marketing sales, customer support,And this implies that be act of the commercialization is not yet end until the product is been accepted by the customer and the consumer is able to buy it.
Therefore, the option is correct.
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how does the internet typically impact price transparency and information asymmetry?
Price transparency increases while information asymmetry decreases by the internet. Individuals can access a wide range of information.
The convenience with which purchasers can acquire comprehensive price and market data for various products is referred to as price transparency. It enables customers to compare prices and make informed decisions. As a result, it is a major determinant of market efficiency.
Price transparency has greatly improved thanks to the internet. Individuals can access a wide range of information with a few clicks of the mouse on their computer. Whenever one party in a transaction has more data than the other, this is referred to as "asymmetric information." Information asymmetry decreases by the internet.
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Wich staff meeting consists of bringing together members from each level of the chain of command within a particular operating unit and soliciting their input for decision making?
Participatory management consists of bringing together members from each level of the chain of command within a particular operating unit and soliciting their input for decision making.
Giving group members, like firm employees or local residents, the ability to take part in organizational decision-making is known as participatory management.
Based on some of the theories developed by researchers in management and organization research, most notably the Hawthorne Experiments that produced the Hawthorne effect, this technique emerged from the human relations movement in the 1920s. When participatory management is used, group leaders still have the last say in decisions, but participants are encouraged to share their thoughts on their existing surroundings.
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the saturn corporation (once a division of gm) was permanently closed in 2009. what could we learn from it?
In 2009, the Saturn Corporation, formerly a division of GM, was permanently shut down. Saturn made a meager 3% return on investment by selling automobiles at prices lower than those of Honda or Toyota.
The business was initially established as a subsidiary of Toyota Industries, a manufacturer of machines that Kiichiro Toyoda's father, Sakichi Toyoda, created. The Toyota Group, one of the biggest conglomerates in the world, now includes both businesses. The firm created its first product, the Type A engine, in 1934 while it was still a division of Toyota Industries, and its first passenger automobile, the Toyota AA, in 1936.
Following World War II, Toyota benefited from Japan's alliance with the United States to study American automakers and other businesses. This allowed Toyota to develop The Toyota Way and the Toyota Production System, which helped the small business grow into an industry leader and became the focus of numerous academic studies.
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A firm finds that whether it produces 30,000 vases or 40,000 vases, its average total cost is $180. This observed pattern might be explained by.
A firm finds that whether it produces 30.000 vases or 40,000 vases, its average total cost is $180. This observed pattern might be explained by: diseconomies of scale.
Constant returns to scale is a long-term phenomenon in which an increase in all production-related inputs results in an output growth that is proportionately larger. As a result, when constant returns to scale are realized, the average total cost stays constant.
The average total cost per unit stays the same when production grows since an increase in output is proportionally equivalent to an increase in input.
No matter how many vases are produced—30,000 or 40000—the average overall cost stays at 180. This suggests that the company has constant returns to scale since an increase in output does not impact the average total cost.
Option A is erroneous since economies of scale induce a drop in average total cost when output increases.
Because an increase in output causes a rise in the average total cost when there are diseconomies of scale, option C is erroneous.
Option d is erroneous because the average total cost does not account for declining marginal productivity.
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legal paternalism is the doctrine that the law group of answer choices may justifiably be used to restrict the freedom of individuals for their own good. should encourage business to develop a paternal sense of responsibility for consumers. may justifiably forbid lawsuits against those who act paternalistically. should only restrict people's freedom in order to protect other people.
Legal paternalism is the doctrine that the law group of people (b) should encourage business to develop a paternal sense of responsibility for consumers.
The theory of the legal paternalism is derived by commanding is one from the male side of the family who takes all the important decision in law making of the system as their responsibility.
Similarly, legal paternalism encourage the business response from the consumers justifying freedom in order to make people aware of the sense of law and law making organisations. Individuals also have their opinion to be shared.
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a large fitness company examines all of the different market segments and decides to focus on selling equipment to single people in their mid-twenties to mid-forties. in this case, single people in their mid-twenties to mid-forties represent a .
The different market segments and decides to focus on selling equipment to single people in their mid-twenties to mid-forties. in this case, single people in their mid-twenties to mid-forties represent a target market.
What is market segments?
People who really are grouped together and for marketing purposes are referred to as market segments. Market segments are subsets of a larger market that frequently group people together based solely on a single or more shared traits. Companies and their marketing departments develop a target audience for their products as well as services using a variety of criteria. Marketing experts take a unique approach to each market segment after thoroughly understanding the needs, way of life, demographics, as well as personality of a target consumer. In a market that is otherwise uniform, a market segment is a group of customers with comparable preferences. These clients may consist of people, families, companies, organisations, or a combination of different types.
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a company purchased a $30,000 piece of equipment by paying $10,000 cash and issuing a note payable for the unpaid balance. this transaction required a: (select all that apply).
A corporation spent $10,000 in cash to purchase a $30,000 piece of equipment. This transaction resulted in a debit to Equipment of $30,000, a credit to Cash of $10,00, and a credit to Notes Payable of $20,000.
A form of fixed asset called equipment is reported on the balance sheet under the line item "property, plant, and equipment" transaction in the long-term assets section. Equipment is used by a corporation in its operational processes.
Simply explained, equipment is a capital expenditure that a corporation makes to carry out a certain activity for the organization. In a machine shop, a drill press or a vehicle lift might be transaction used for this. Other examples include tools, both hand and power, and/or technical equipment. All of these assets are not regarded as liquid assets since they are difficult to sell or convert into cash over the long term.
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if a company has to change an estimate, such as the salvage value of an asset, the company is required to reissue prior year statements that were based on the estimate. this statement is
if a company has to change an estimate, such as the salvage value of an asset, the company is required to reissue prior year statements that were based on the estimate.
This statement is False
What is the salvage value?
Salvage value is an asset's anticipated book value after depreciation, based on what a firm anticipates obtaining in exchange for the asset at the end of its useful life. As a result, an asset's projected salvage value is a key factor in determining a depreciation schedule.
No, this statement is not true because there is no requirement to reissue prior year statements that were based on the estimate if the salvage value of an asset changes
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which of the following contracts is covered by article 2 of the uniform commercial code? group of answer choices the sale of a new car. the sale of a house. an employment agreement. a sale of automobile insurance.
The type of contracts covered by Article 2 of the Uniform Commercial Code (UCC) including the only sale of a new car is covered by Article II of the UCC(Uniform Commercial Code), and option b. is the correct answer.
The sale of products is governed by Article 2 of the Uniform Commercial Code. It was included in the 1951-approved version of the Uniform Commercial Code. The Uniform Sales Act, which was initially accepted by the National Conference of Commissioners on Uniform State Laws in 1906, was revised and modernized by Article 2.
In light of this, Article 2 of the Uniform Commercial Code (UCC) covers the contract: (A) The sale of a new car. Items in this context refer to moveable goods, hence choices b. c. and d. are false since a house is an immovable property, an employment contract is not between dealers or merchants, and the sale of auto insurance is a service (and not goods).
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Which statement about filing a tax return is FALSE?
Filing with a tax professional is often the method that is most susceptible to scams.
People who are not familiar with filing taxes should not use e-filing software, because there is no
access for support if they need it.
Paper filing your tax return is free, but it takes a lot longer to process and get back a refund if
you are owed one.
Filing with a tax professional may be good for those people who got a divorce, bought a house.
or changed their financial situation in another major way.
Answer:d
Explanation:because i said so
