With regard to the form requirements for bills of exchange, the ULB differs from the common law in that the ULB requires the instrument to be ________

Ridley Corporation manufactures two styles of lamps—a Bedford Lamp and a Lowell Lamp

The following per unit data are available: Bedford Lamp Lowell Lamp Sales price $25 $35 Variable costs $17 $23 Machine hours required for one lamp 2 4 Total fixed costs are $40,000. Marketing data indicate that the company can sell up to 6,000 units of the Bedford Lamp and up to 6,000 units of the Lowell Lamp. Machine hour capacity is 25,000 hours per year. Which product mix will deliver the optimum operating income? A) 6,000 Bedford Lamps and 6,000 Lowell Lamps B) 3,000 Bedford Lamps and zero Lowell Lamps C) 6,000 Bedford Lamps and 3,250 Lowell Lamps D) 3,000 Bedford Lamps and 1,500 Lowell Lamps

Quite often a retail store owner will contract to pay rent under a percentage lease. This means the rent is based on:

a. net receipts plus a base rental fee b. gross receipts with an established base rent c. net receipts with an established maximum d. a fixed amount for entire lease