Under the UCC, merchantable means that goods must be of a quality comparable to:
a. that generally acceptable in that line or trade b. the median standard of industry
c. the highest recent quality of the trade d. defect-free goods in the industry
e. none of the other choices
a
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To have adequate air circulation, ______________of air per person per minute is needed
A. 13 cubic feet B. 40 cubic feet C. 18 cubic feet D. 25 cubic feet
It is December 30th and you have stock in Zero Corporation that you bought on March 1st that has increased $2,000 in value. You are thinking of selling the stock. From a tax standpoint, what should you do with the Zero stock?
A) Sell it today. B) Sell it on January 2nd of next year. C) Wait until after March 1st of next year and sell it then. D) Sell half the stock today and the rest on January 2.