When the parties have not expressly agreed otherwise, Article 2 of the Uniform Commercial Code acts to __________ missing or open terms in a contract for the sale of goods between merchants.

Answers

Answer 1

Article 2 of the Uniform Commercial Code acts to fill in missing or open terms in a contract for the sale of goods between merchants.

What is contract?

Contract refers to the agreement between the two parties which is enforceable by the law. The contract must include the monetary conditions and free will of both the parties.

Article 2 of the Uniform Commercial Code acts governs the sale of the goods which provides the rules no been mentioned in the contract by the parties in the written contract.

Thus the act provides the default rules and the gap fillers in the missing or open terms in a contract for the sale of goods between merchants.

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Related Questions

Completely controlling a business and keeping all the profits are advantages of a _____; raising capital by selling shares and limited liability are advantages of a _____.

Answers

Completely controlling a business and keeping all the profits are advantages of a Sole Proprietorship; raising capital by selling shares and limited liability are advantages of a corporation.

What differentiates a Sole Proprietorship from a Corporation?

A sole proprietorship can be differentiated from a corporation based on a separate existence.

While a corporation has a separate legal existence, a sole proprietorship is not a legal entity different from the owner.

Thus, completely controlling a business and keeping all the profits are advantages of a Sole Proprietorship; raising capital by selling shares and limited liability are advantages of a corporation.

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Elena is volunteering at a nonprofit organization. She notices that there doesn’t seem to be any network security at the office. Her supervisor says, “We don’t need to worry about that. We’re a small organization.” What arguments can Elena make about the need for network security?

Answers

Network protection is vital to each domestic and enterprise network. Therefore, Whether it is a small organization or a big organization, Network Security is important.

What is the requirement for network security?

Many houses with high-velocity net connections have one or extra wi-fi routers, which may be used if now no longer nicely protected. A strong community protection machine allows lessening the chance of statistics loss, robbery, and vandalism.

hence, in this way, Elena can make her superiors realize the need for network security.

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Why should an employer have employees sign a copy of the company's personnel policy? a. to get an official copy of the employee's signature b. so that the company knows how much money to withhold from payroll c. so it's easier to hold employees accountable for following the policies d. to encourage employees to discuss the policies with each other

Answers

Why should an employer have employees sign a copy of the company's personnel policy is: c. so it's easier to hold employees accountable for following the policies.

What is personnel policy?

Personnel policy are lay down rules or policy that an employee must follow when so as to develop a personnel relations.

An employer make it mandatory for an employees to  sign a copy of the company's personnel policy so as to make it  easier to hold employees  liable.

Therefore the correct option is C.

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Why did you become a small business owner? what is the origin story of your business?.

Answers

Answer:

You might have a reason for wanting to start your own business, like capitalizing on an opportunity or fulfilling a need in your community. Or you might have no idea why this sensation is pulling you. That’s OK. There’s no right or wrong motivation for wanting to start your own business.

Explanation:

Discuss ways in which businesses can deal with change in the workplace​

Answers

Answer:

Empower employees through communication, Work with a change management model, make change compelling and exciting, and Activate leadership.

Explanation:

When deciding where and how many ads to run in the digital age, what do advertisers have to consider most?
oa. customer fatigue with commercials
ob.
dilution of the brand across commercials
oc.
poor economy of scale in advertising
o d.
lack of interest in products

Answers

While deciding about where and how many ads needed to be run through digital advertising, the advertisers must consider the customer fatigue associated with their commercials.

Option A is the correct answer.

Who is a customer?

A customer is an individual who acquires a product from the market through an ad telecasted on electronic devices.

Customer fatigue arises when the customers are losing interest in the advertisements of the company as the ads repetitively come on every digital device. it is important for the advertisers to decide on which medium they are required to advertise their ads and how many ads needed to be advertised so that the interest of the public cannot lose over it.

Therefore, customer fatigue needs to be considered when making a decision about where and how many ads need to advertise.

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Scattergraph, High-Low Method, and Predicting Cost for a Different Time Period from the One Used to Develop a Cost Formula Farnsworth Company has gathered data on its overhead activities and associated costs for the past 10 months. Tracy Heppler, a member of the controller's department, has convinced management that overhead costs can be better estimated and controlled if the fixed and variable components of each overhead activity are known. One such activity is receiving raw materials (unloading incoming goods, counting goods, and inspecting goods), which she believes is driven by the number of receiving orders. Ten months of data have been gathered for the receiving activity and are as follows: Month Receiving Orders Receiving Cost 1 1,000 $18,000 2 700 15,000 3 1,500 28,000 4 1,200 17,000 5 1,300 25,000 6 1,100 21,000 7 1,600 29,000 8 1,400 24,000 9 1,700 27,000 10 900 16,000 Required: 1. On your own paper, prepare a scattergraph based on the 10 months of data. Based on this, does the relationship appear to be linear? 2. Using the high-low method, select a cost formula for the receiving activity. Using the cost formula, what is the predicted cost of receiving for a month in which 1,450 receiving orders are processed? $fill in the blank 3 3. Prepare a cost formula for the receiving activity for a quarter. Based on this formula, what is the predicted cost of receiving for a quarter in which 4,650 receiving orders are anticipated? $fill in the blank 4 Prepare a cost formula for the receiving activity for a year. Based on this formula, what is the predicted cost of receiving for a year in which 18,000 receiving orders are anticipated?

Answers

The relationship  is non linear and the cost formula is: $6,600 + ($12 x number of receiving orders) and the predicted cost is $24,000.

Cost formula

1. The relationship of the a scatter-graph is non linear.

2. Cost formula

Cost formula for the receiving activity= $6,600 + ($12 x number of receiving orders)

3. Predicted cost

Predicted cost= $6,600 + ($12 x Number of receiving orders)

Where:

Number of receiving order=1,450

Hence:

Predicted cost=($6,600 + $12 x 1450)

Predicted cost=$6,600+$17,400

Predicted cost= $24,000

Therefore the relationship  is non linear and the cost formula is: $6,600 + ($12 x number of receiving orders) and the predicted cost is $24,000.

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5-Define "Controlled
risk" and provide an
example

Answers

Control risk refers to the possibility of financial statements being significantly misstated as a result of a company's internal controls failing.

Example(s):

Lack of a good internal control environment, poorly designed business processes, IT security risk, integrity and ethic risk, human mistakes, and fraud risk are all frequent internal control hazards in business.

A creation resulting from study and experimentation is:
a. pattern.
b. replication.
c. precedent.
d. innovation.

Answers

Innovation refers to the creation of certain goods or services resulting from study and experimentation. Therefore, Option D is the correct statement.

What is innovation according to you?

Innovation is the realistic implementation of thoughts that bring about the creation of new items or offerings or development in supplying items or offerings.

The movement of setting matters into realistic reality regardless of demanding situations and resistance, instead of simply contemplating is called as Innivation.

Therefore, Innovation refers to the creation of certain goods or services resulting from study and experimentation. Option D is the correct statement.

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Rosa plans to give a presentation to her co-workers on how to use her company's new requisitions process, and she is using presentation software to create a visual aid. each slide uses 30-point headings, no more than six bullet points, and black text on a white background with large, dark red and blue paint splashes. she is careful to use animation only to transition to new major points, and subpoints. what has rosa done wrong?

a) her slides are inconsistent.

b) her slides contain too much information.

c) her slides are too busy.

d) her information is too small.

e) she is using too much animation

Answers

Rosa has prepared a very well presentation but the only mistake she did is that her slides contain too much information.

What are the basic points to be considered while making presentation?

First and foremost point to be consider for making the presentation is that- introduction, body and conclusion must be there.

Too much information should not be added on a single slide. It must have some images as well for the attraction.

The ideas added in the presentation must have the clarity.

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As the middle and lower classes reduced income what were their two responses?

Answers

As the middle and lower classes reduced income their response to their demand will be reduced. Household spending will be affected.

What is middle class income.

Middle class income earners are the people with income or salary that is more than their spending. Their earning is doubling the average spending of their household.

Therefore, a decline in middle and lower classes reduced income will reduce the household spending.

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What should you do before and after each study session? play your favorite game on your phone so you are relaxed. reach out to your friend to ask questions. review your notes to help you remember the important topics. take a long nap so you are well rested.

Answers

Answer:

Review your notes to help you remember the important topics

Explanation:

Reviewing your notes before and after a study session can help you apply the information to your long-term memory.

In order to buy most homes, you have to arrange an up front payment of a portion of the house value, called a ________. a. Mortgage b. Closing fee c. Down payment d. Utility cost Please select the best answer from the choices provided A

Answers

Answer:

C. Down payment

Explanation:

The down payment of a house is simply part of the price of the house that you pay up front. A down payment reduces the risk to the lender because it ensures that the ones buying the house can afford the mortgage.

I hope this helps! If you have any questions about what I said please leave them down in the comments!

When asked a difficult question during an interview, _____.

change the subject

put a positive spin on the honest answer

make up a positive story

ignore the question

Answers

Answer: The answer is B.

Put a positive spin on the honest answer.

How does accenture help companies harness the power of data to achieve optimal business outcomes?.

Answers

The use of Accenture helps companies ensure their information is trustworthy and reliable.

What is the use of Accenture by companies?

Accenture in its most prominent use helps businesses implement to make sure their information is trustworthy and reliable. That the corporate provides services like management consulting and outstanding.

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Inflation makes it harder to buy things because _______. a. it increases your tax burden to the government b. it causes your money to have less value c. it decreases the cost of goods and services d. it leads to a excess of goods and services please select the best answer from the choices provided a b c d

Answers

Inflation makes it harder to buy things because it depreciates the value of your money.

What is Inflation?

Inflation is an economic term used to describe a general increase in the prices of item and therefore a decrease in the purchasing value of money.

  Inflation occurs when prices of goods and services increase due to some economic factors.

It is a continuing rise in prices as measured by an index such as the consumer price index (CPI).

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Industrial robots have completely changed manufacturing because they: Multiple select question. improve productivity can work 24/7 with great precision increase the number of jobs for humans reduce costs

Answers

Industrial robots have changed manufacturing by:

They improve productivityreduce costscan work 24/7 with great precision

What are the industrial robots?

These are the robots that were developed through the use of artificial intelligence.

The goal is to have the robots take on the tasks that are usually provided by humans around the world.

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Write a summary of the communication differences between men and women.

Answers

Men are known to be very easy to adopt what is known as the “report talk,” but women are known to move or gravitate toward a kind of “rapport talk.”

What are the communication differences between men and women ?

The communication differences between men and women is that that men and women are very likely to show different styles of verbal communication.

Men are known to be very easy to adopt what is known as the “report talk,” but women are known to move or gravitate toward a kind of “rapport talk.”

Note that the Reporting style of communication is one that is influence or pushed by the exchange of some kind of factual information to handle any issue or problem.

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Answer:

Explanation:

men speak with less emotion than women and they speak with confidence which helps them assert their dominance but women speak with more emotion which makes them more helpful when there is an emotional topic being spoken about

ii) What incentives would you suggest to each of the institutions to attract competent employees?​

Answers

Explanation:

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Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ...

Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ... Set Up Department-Wide Competitions. ...

Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ... Set Up Department-Wide Competitions. ... Put Together a Team Outing for Top Performers. ...

Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ... Set Up Department-Wide Competitions. ... Put Together a Team Outing for Top Performers. ... Provide Custom Rewards.

Explanation:

10 must-have employee incentive programs

Recognition and rewards. ...

Referral programs. ...

Professional development. ...

Profit sharing. ...

Health and wellness. ...

Tuition reimbursement. ...

Bonuses and raises. ...

Fun gifts.

When purchase costs regularly rise, the inventory costing method that yields the highest reported net income is: Multiple Choice Specific identification method. Average cost method. Weighted-average method. FIFO method. LIFO method.

Answers

The FIFO method of inventory is used whenenever the purchase costs regularly rise and result to an inventory costing method that yields the highest reported net income.

What is a FIFO method?

It is an acronyms of First In, First Out.

In accounting, this is a valuation method where assets produced or acquired first are sold, used or disposed of first.

Therefore, the Option D is correct.

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How to invest in stocks for beginners with little money.

Answers

Hey!!!

One of the best ways for beginners to get started investing in the stock market is to put money in an online investment account, which can then be used to invest in shares of stock or stock mutual funds. With many brokerage accounts, you can start investing for the price of a single share.

Hope it helps!
Dr Joker

Countries trade with each other when they need goods they cannot produce
themselves. They also trade to take advantage of their own resources and surplus of
goods.
Check Your Understanding
Attempt 1 of 2
What are three reasons that might encourage a country to engage in trade?
A. The country lacks the ability to produce any goods.
B. The country has the natural resources to produce a specific good.
C. The country lacks an essential material.
D. The country can specialize in the production of a specific good.
E. The country can produce everything it needs.

Answers

Answer:

c

Explanation:

A marketing associate is working on a remarketing strategy for their Search Ads campaign. They want to re-engage high-value customers. Which type of audience will likely have the highest lifetime value?

Answers

The type of audience who will likely have the highest lifetime value are People who previously purchased a large number of the website’s products.

What do you mean by high lifetime value customers?

A high client lifetime value shows humans shop loads from your store. They seem to be glad about the provider and high-satisfactory so your merchandise should be good.

And importantly, these customers may be brand loyal so you have a risk of developing even more.

Therefore, The type of audience who will likely have the highest lifetime value are People who previously purchased a large number of the website’s products.

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Henrietta is dealing with a morally ambiguous situation. what is most likely to be true about her situation?
a. she requires ethical reasoning to solve it.
b. it has one clear correct answer.
c. the best solution involves the virtue approach.
d. there are only wrong answers.

Answers

Henrietta is dealing with a morally ambiguous situation. what is most likely to be true about her situation is she requires ethical reasoning to solve it. Option A. This is further explained below.

What is a morally ambiguous situation?

Generally,  morally ambiguous situation is simply defined as doubt on  If something is correct or wrong.

In conclusion, A ethically problematic scenario confronts Henrietta. According to her predicament, she is more likely to use ethical reasoning to solve it.

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Sales is a(n) ______ account.

multiple choice question.

revenue


expense


liability


asset

Answers

Sales is a revenue account.

What is a sale account?

A sales account  is one that has all  records of sales( cash and credit) transactions.

In the journal entry, Sales are recorded as a credit in order to  offset the other debit side of the journal entry which can be cash or accounts receivable account.

In conclusion, Sales is also a revenue account this is because it is received by a business  due to  sales of goods or services.

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Sales revenue $440,000 Advertising expense 60,000 Interest expense 10,000 Salaries expense 55,000 Utilities expense 25,000 Income tax expense 45,000 Cost of goods sold 180,000 What is the gross profit

Answers

Answer:

$65,000

Explanation:

The gross profit formula is: Gross Profit = Revenue – Cost of Goods Sold.

so we would say, 440000 - ( 60000 + 10000 + 55000 + 25000 + 45000 + 180000 ) = $ 65000

Capital budgeting refers to ______. Multiple choice question. budgeting for the capital needs of the organization procedures used by an organization to plan and control its portfolio of capital expenditures the portion of the budgeting project that relates to capital provided by the owners of the business

Answers

Answer: is the process a business undertakes to evaluate potential major projects or investments.

Explanation:

How much would Software E cost you in the long run?

Answers

Answer:

perturbateur ( le temps, le lieu, les personnages[description], la victime, l'enqueteur )

les peripeties

le denouement

Which one is the best choice. Please explain why. I’ll give extra points.

Answers

Answer:

10

Explanation:

Surplus for Donovan: 10 - 4.50 = 5.50

Surplus for Rudy: 8 - 4.50 = 3.50

Surplus for Mike: 6 - 4.50 = 1.50

Surplus for Royce: 4 - 4.50 = -0.50

Sum of all surpluses: 5.50+3.50+1.50-0.50=10

(PLEASE ANSWER FAST) (20 POINTS)
Part of the reason you want to narrow down your focus is so that you don’t spend too much time gathering __________ that might not help you in the long run.

A. clothes
B. credits
C. friends
D. skills

Answers

Part of the reason why someone would want to narrow down their focus is so that they don't waste time accumulating clothes that won't aid them in the long run.

What is the period of long run?

The period of long run is basically not defined anywhere, because the period of long run is fully depend upon the organistions and the types of it. It is normally the period above the operating cycle.

Part of the reason for narrowing one's focus is so that they don't waste time accumulating clothes that won't help them in the long run.

Credits are treated as help in the long run because a person get money at present to do work and earn from that work, whereas the friends and the skills help the people in the lifetime.

Therefore, option A is correct.

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