In the sale of a business, if the requirements of the Uniform Commercial Code are not
followed, who would most likely suffer the greatest injury?
Buyer
Broker
Creditors
Lender

Answers

Answer 1

If the requirements of the Uniform Commercial Code are not  followed, the party that is most probable to suffer the highest injury is the buyer

The UCC comprised of rules that applied for the following contracts:

Sale of goodsGoods leasingnegotiable instrumentsbanking transactionsletter of creditinvestment securitiestransactions that are secured

It is to be adopted in many states also at the same time it gives the remedies and rights to both the buyer & seller

So, the parties that do not suffer are:

BrokerCreditorLender

Therefore we can conclude that If the requirements of the Uniform Commercial Code are not  followed, the party that is most probable to suffer the highest injury is the buyer

Learn more about Uniform Commercial Code here: brainly.com/question/8476938


Related Questions

What is the answer?? I need help

Answers

Economic classes

Explanation:

they are all fit within the category about what the main question is

Record the following selected transactions for January in a two‐column journal. Once you have completed that, answer questions 1 – 5 related to your work.

(a) Earned $7,000 fees; customer will pay later.

(b) Purchased equipment for $45,000, paying $20,000 in cash and the remainder on credit

(c) Paid $3,000 for rent for January.

(d) Purchased $2,500 of supplies on account.

(e) A. Allen $1,000 investment in the company.

(f) Received $7,000 in cash for fees earned previously.

(g) Paid $1,200 to creditors on account.

(h) Paid wages of $6,250.

(i) Received $7,150 from customers on account.

(j) A. Allen withdrawal of $1,750.



2. For part (h), which two accounts are affected?

Question 2 options:

Fees Earned and Cash


Wages Expense and Cash


Accounts Payable and Cash


Rent Expense and Cash

Answers

Answer:

a) Dr: Receivable (Asset) 7000

Cr: Service Revenue (Income) 7000

b) Dr: Equipment (Asset) 45000

Cr: Cash (Asset) 20000

Cr: Payable (Liability) 25000

c) Dr: Rent (Expense) 3000

Cr: Cash (Asset) 3000

d) Dr: Inventory (Asset) 2500

Cr: Payable (Liability) 2500

Please, I need help

Answers

Answer:

IV,I,III,V,II........

HELP!!! Economists note that personal income rose by 5 percent last year. What impact will the change in personal income have on demand?
A It will cause the demand curve to shift up
B It will cause the demand curve to shift left
C It will cause the demand curve to shift down
D It will cause the demand curve to shift right

Answers

Answer:

D It will cause the demand curve to shift right

Explanation:

Given

Increase in personal income

Required

The changes on the demand curve

On the demand curve, quantity is represented by the x-axis, while the y-axis represents price.

When personal income increases, the quantity of items purchased will increase.

This means that there will be a shift to the left on the demand curve.

Hence, (d) is correct

An investor owned a 100-acre parcel that contained several natural asphalt lakes. A construction company was erecting highways for the state in the vicinity of the investor's land and needed a supply of asphalt. The investor executed a document that, in return for a payment of $1 per barrel, gave the company the right to enter on the land and take asphalt in whatever quantities the company desired. The investor reserved the right to remove asphalt herself and to grant this right to others. Last year, the state commenced an action in eminent domain to take the investor's land for a public park. Is the construction company entitled to compensation

Answers

Answer: Yes

Explanation:

The construction company is entitled to compensation because it has a property right to enter and remove minerals.

The investor gave the construction company the right to use the properties on the land, if anything would be done on the land, the construction company should be compensated because they bought the right to do business there. Since the owner granted them the sole right, they are entitled to the resources.

Weather: Current weather pattern continues through midnight, then partial clearing. Highs in the mid 40s, lows in the high 30s. Chance of precipitation 60% through midnight, reducing to 40% after midnight. Expected precipitation next 24 hours .75 inches. Winds from the west 10-15 mph. Safety Message: Avoid skin contact with floodwaters. Drive with lights on. Watch for downed power lines in flood vicinity. Carry personal flotation devices. Monitor City radio frequency F2 for safety updates. What information would you add to this summary of current actions?

Answers

Answer:

mhmududhdjsjsjjsjsjsjsjjsjsjs

Bob and Sally were recently married. They are currently working on their estate plan. As their Financial Planner, they tell you that Sally is not a citizen of the United States. She is originally from Japan. When you are looking at their estate plan, what type of trust should you include

Answers

What are the choices

Valid criticisms of evaluating performance based on return on investment (ROI) include managers may ______. Multiple select question. take actions that increase ROI in the short-run at the expense of long-term performance be put in charge of a business segment that includes committed costs over which a manager has no control reject investment opportunities that are profitable for the company but have a negative impact on a manager's ROI affect ROI by increasing sales or decreasing operating expenses for their division

Answers

Answer: be put in charge of a business segment that includes committed costs over which a manager has no control. take actions that increase ROI in short-run at the expense of long-term performance . reject investment opportunities that are profitable for the company but have a negative impact on a manager's ROI.ROI doesn't include the investment in non-operating assets, such as land held for investment or stock in other companies

Explanation:

Which of these statements are true about the MIC card? Select all that apply Taco Bell Service Course A. It demonstrates how to lead a shift from the MIC Zone. B. It shows you the zones in your restaurant and how to evaluate the conditions of them C. It sets the priorities for your shift D. It covers how a shift lead should be running a shift

Answers

Answer:

C. It sets the priorities for your shift

Explanation:

MIC card give ability to communicate the results of team and helps in making arrangements for the shifts. It also helps in scheduling goals.

Previous
4
Next
Lifelong Learning: Mastery Test
4
Select the correct answer.
Why do many organizations encourage their employees to be lifelong learners?
O A employees will be more able to handle increasing responsibilities
OB. employees will be more likely to follow company policies
OC employees will be more likely to remain loyal to the company
OD. employees will be more likely to interact well with each other
Reset
Next

Answers

Answer: A. employees will be more able to handle increasing responsibilities.

Explanation:

Lifelong learning refers to the ongoing pursuit of knowledge for personal or professional reasons. When a person is a lifelong learner, such person has a growth mindset and pushes himself or herself to find new ideas to solve challenges.

Several organizations encourage their employees to be lifelong learners in order for such employees to be able to handle increasing responsibilities. Some organizations send their employees to study some courses which will help in their growth and development and also to be able to handle certain responsibilities.

In ________ organizational cultures, more individuality is shown through the organization's rules being less strictly applied.

Answers

Answer:

weak

Explanation:

An organization's culture describe the behavior of an organization. It comprised of the beliefs and values that should be shared in the organization

In the case when there is a weak organization culture so here the rules of the organization should be less strictly followed instead of more strictly followed as it is a weak organization structure

Therefore the weak should be the term that should be applied in the current situation

Meili's employer distributes checks at the end of each quarter, representing an equitable portion of 5 percent of the company's pretax profits for the previous quarter. These are ________checks. Group of answer choices pay for knowledge gainsharing bonus pay for performance profit sharing

Answers

Answer:

profit sharing

Explanation:

profit-sharing plan can be regarded as retirement plan which is designed to let an employee to have a share in the profits of a firm. In this particular plan some percentage of the profit made by the company,firm can be received by the employee using the quarterly or annual earnings of the employee as the basis.

How do you make decision for the yourself?what are the things that you consider before making a decision​

Answers

Answer: I consider what's best for me first and what would he beneficiary to others

Explanation:

Making decisions for oneself should be directed most times to growth. Questions like; "how would this affect me or how will this benefit those around me".

When we consider what benefits us and others around us we tend to make the best decision which helps out growth and bring out the best in others.

The price level rises in the short run if a. aggregate demand or aggregate supply shifts left. b. aggregate demand shifts right or aggregate supply shifts left. c. aggregate demand or aggregate supply shifts right. d. aggregate demand shifts left or aggregate supply shifts right.

Answers

B is the answer you want

A price is termed as the sum of the amount that is paid to the one party that provides the goods and services by the other party that consumes the provided goods and services. In some of the situations, the name of the price for the different goods and services gets changed or altered.

The correct options are b. aggregate demand shifts right or aggregate supply shifts left.

There is a positive relationship between the supply and the price whereas there is a negative relationship between the demand and the price. In the situation of rising in the level of the prices of the goods and services in the short run, the aggregate demand shows the decline effect of the goods and services and the aggregate supply shows the increasing effect of the goods and services.

To know more about the effect of price on the aggregate demand and supply, refer to the link below:

https://brainly.com/question/15874992

Mill Co. uses a batch processing method to process its sales transactions. Data on Mill's sales transaction tape are electronically sorted by customer number and are subjected to programmed edit checks in preparing its invoices, sales journals, and updated customer account balances. One of the direct outputs of the creation of this tape most likely would be a

Answers

Answer: Report showing exceptions and control totals.

Explanation:

Batch processing system has to deal with input controls showing exceptions and how invoiced are processed on each batch.

The batch processing system helps make it easier to notify invoices automatically as customers get items.

Lavanya is a startup founder who is working on the design of a smart bracelet. She needs to sketch out some ideas with a designer who lives in another country and wants to try using an online collaborative whiteboarding program for their design session. Lavanya is nervous about their design ideas being lost or getting into the wrong hands, however. Which of these is not a way that the whiteboarding data could be lost or stolen

Answers

Answer:

Wow design is sweet on the bracelet

Outstanding stock of the Cheyenne Corporation included 37000 shares of $5 par common stock and 11500 shares of 5%, $10 par non-cumulative preferred stock. In 2019, Cheyenne declared and paid dividends of $3700. In 2020, Cheyenne declared and paid dividends of $18500. How much of the 2020 dividend was distributed to preferred shareholders

Answers

Answer:

$5,750

Explanation:

Calculation to determine How much of the 2020 dividend was distributed to preferred shareholders

Dividend distributed to preferred shareholders=11500 shares *$10 par non-cumulative preferred stock*5%

Dividend distributed to preferred shareholders=$5,750

Therefore Dividend distributed to preferred shareholders is $5,750

Which is an example of a demander of U.S. currency? Foreign firms that have sold imported goods in the United States, earned U.S. dollars, and are trying to pay expenses incurred in their home countries Foreign investors who wish to make direct investments in the United States economy U.S. tourists leaving to visit other countries U.S. investors who want to make foreign direct investments in other countries U.S. exporting firms that earned foreign currency and are trying to pay U.S.-based expenses

Answers

Answer:

Foreign investors who wish to make direct investments in the United States economy

Explanation:

A demander of US currency is an individual or person who would need the dollars to carry out transactions

An investor that would want to carry out a FDI would need US dollars to carry out her transaction because the investment would need to be conducted in dollars

Foreign direct investment (FDI) can be described as when a firm or an individual in one country makes an investment in a business interest in another country.

Foreign direct investment usually takes two form :

the investor sets up a business in the foreign country

the investor acquires foreign assets in the foreign country.

An example is when a US firm establishes a new business in another country.

Karin does not want her supervisor to know that the employees she is in charge of are not fulfilling their obligations, fearing the information will make her look like a bad manager to her boss. She decides not to tell her supervisor and deal with it on her own. This type of message distortion is

Answers

Answer:

general distortion.

Explanation:

According to the above scenario, it is correct to state that the type of message distortion is a general distortion, which occurs when a message is transmitted differently to a given receiver, in order to minimize negative situations, such as in a relationship of hierarchical work.

In the question we see that Karin distorted the facts so as not to displease her supervisor, so the general distortion is very recurrent in these situations. In order to reduce distortion, it is ideal that in power relations there is an opening for assertive and non-punitive communication, where trust and professional ethics prevail.

Explain the tradeoffs involved in setting an ideal level of inventory for a
particular product. What are the costs if too much is maintained? What are
the costs if too little is maintained?

Answers

Too much inventory ties up capital which could otherwise be used for purposes such as research and development, marketing and sales, stockholder dividends, salary increases, etc.

The more inventory a company holds, the more space is needed, and space costs money

Too little? Less money and less product being sold.

Sun Smarts Solar installs solar panels in large newly constructed buildings. The company employs several expert installers who work on a full-time basis. Although the installation team works every day, the company pays them at the end of the month, for the previous month's work. Employee salaries are recorded as __________ on Sun Smarts's balance sheet.
A. capital cash flows
B. current liabilities
C. retained earnings
D. long-term liabilities

Answers

Answer:

Sun Smarts Solar installs solar panels in large newly constructed buildings. The company employs several expert installers who work on a full-time basis. Although the installation team works every day, the company pays them at the end of the month, for the previous month's work. Employee salaries are recorded as long-term liabilities on Sun Smarts's balance sheet.

Sun Smarts Solar company paid the salaries to their employees at the end of the next month, then the salary of the employees recorded as current liabilities on Sun Smarts's balance sheet.

What are the current liabilities?

Current liabilities are defined as any business liabilities that must be settled in cash during the fiscal year or the operating cycle of a company, whichever term is longer.

In the above case, the Sun Smarts Solar record the salaries of their employees on the balance sheet as the current liabilities, as these salaries will settle in cash within the operating cycle.

Therefore, option B is correct.

Learn more about the current liabilities, refer to:

https://brainly.com/question/14287268

Suppose that a firm's recent earnings per share and dividends per share are $3.00 and $1.50, respectively. Both are expected to grow at 10 percent. However, the firm's current P/E ratio of 20 seems high for this growth rate. The P/E ratio is expected to fall to 16 within five years. Compute a value for this stock by first estimating the dividends over the next five years and the stock price in five years. Then discount these cash flows using a 14 percent required rate.

Answers

Answer:

$46.90

Explanation:

The dividend in each year is the previous year's dividend multiplied by the growth factor, whereas the growth factor is 1 plus the expected growth rate of 10%, the EPS in each year would also be determined in a similar manner.

Note that the stock price is the present value of its dividends for 5 years as well as the price value of its year 5 share price(year 5 EPS*year 5 P/E ratio of 16)

Aesha works for a moderately priced running shoe manufacturer and while their products are lower in cost, there is a high degree of consumer pressure to create the best quality running shoes possible and to constantly innovate with new designs. Which aspect of Porter’s Diamond does this demonstrate

Answers

Answer:

Demand conditions

Explanation:

Demand conditions means the size and the nature of the customer base for the products that could result in innovation and the improvement related to the product.

Since in the given situation it is mentioned that their products contains less cost but they develop the best quality shoes also they innovate the products from time to time so this represent the demand conditions

Anna wants to take seven days off from her job as an accountant to observe a religious holy week. Her employer is reluctant to allow the leave, because they are already short staffed for that week. He employer has over 15 employees, and is not a religious organization. Must they grant her request for leave

Answers

Answer: They must grant the leave only if it amounts to a reasonable accommodation

Explanation:

Based on the information given in the question, they must grant the leave only if it amounts to a reasonable accommodation.

A reasonable accommodation refers to an adjustment that is made in a system in order to accommodate the system for an individual due to the fact that there is a proven need. Such accommodations can be mental, physical, religious, academic or emotionally related.

Suzanne has purchased a car with a list price of $23,860. She traded in her previous car, which was a Dodge in good condition, and financed the rest of the cost for five years at a rate of 11.62%, compounded monthly. The dealer gave her 85% of the listed trade-in price for her car. She was also responsible for 8.11% sales tax, a $1,695 vehicle registration fee, and a $228 documentation fee. If Suzanne makes a monthly payment of $455.96, which of the following was her original car?
a. 2004 Intrepid
b. 2008 Neon
c. 2005 Viper
d. 2007 Dakota

Answers

Answer:

its a

Explanation:

Sometimes events on Salesforce need to be handled by an external system due to the scale or type of process being executed. Consider the use case of a user in Salesforce needing to get pricing for an order they are building in Salesforce while on the phone with a customer. The pricing logic already exists in a third-party system. Instead of creating this logic in Salesforce, it will be leveraged by making a request of the third-party system. The response, in this case the pricing, will be returned and stored back in Salesforce. What is the optimal solution

Answers

Answer:

A trigger that upon saving

customer order, will make a real time callout saving the pricing back in Salesforce

Explanation:

Salesforce a software that is used to organise customer interactions in such a way that transactions between the company and customer is effectively managed by the software.

In the given scenario pricing needs to be handled by an external system. The response will be returned and stored back in Salesforce.

Instead of doing this manually the best solution will be to have an trigger that starts a real-time callout, saving the pricing back in the salesforce.

An trigger allows one to perform customised actions before or after an event. The action can be an update or deletion.

Your friend Reggie needs to write a resume and asked for your help. In at least 150 words, create a guide for Reggie. What are the essential parts of the resume? What will he need to include? What will he need to avoid? Include information about how he should organize.

Answers

Answer:

Name

Address

Contact Number

Objective

Work Experience

Extra Curricular Activities

School Graduated

Referral

Signature

Explanation:

Simple steps in making a Resume

Some of the characteristics of the new breed of global leaders include Question 8 options: a) The skills and abilities to interact with and manage people from the diverse cultural backgrounds that populate their multinational companies. b) Sufficiently flexible to operate comfortably in pluralistic cultural environments. c) Knows at least one foreign language and understands the complexities of interaction with people from other cultures. d) All of the above

Answers

Answer:

d) All of the above

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a group, business firm, state, or country in the future.

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.

Generally, leaders use their powers to get other people to follow them.

In conclusion, all of the aforementioned characteristics are possessed by the new breed of global leaders across the world.

An analyst has decided to identify value stocks for investment by screening for companies with high book-to-market ratios and high dividend yields. A potential drawback of using these screens to find value stocks is that the firms selected may: be those that have significantly underperformed the market. be concentrated in specific industries. have unsustainable dividend payments.

Answers

Answer: be concentrated in specific industries.

Explanation:

Companies that exhibit characteristics such as a high book-to-market ratio and high dividend yield are usually found in specific industries like the financial services sector.

Using this method would therefore lead to investments in specific industries which is riskier because the industrial risk component increases in that if the industry is adversely affected, the investors would suffer from going in on investments concentrated in one or a couple of related industries.

A tiny South Pacific island nation produces large quantities of honey-based products. To protect this industry, the island government mandates that only designated trading companies can import the crop, each of which is allocated the right to import a maximum number of pounds of honey each year. This is an example of a(n)

Answers

Answer:

Import quotaa

Explanation:

By import quota, we are talking about a type of trade restriction. This particular type of restriction in trades puts a limit on the number or quantity of a commodity that can be imported into a given country as a particular time. When such types of restrictions are put in place the makers of this type of commodity in this economy benefits.

In this question we can see that Pacific island nation would benefit given that there would be less import of the crop. the restriction on imports would make more buyers turn to them.

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