Responding to customer inquiries and general customer service is an important aspect in the revenue cycle. Since customer service is so important, software programs have been created to help manage this function. These special software packages are called

If Rudy offers Oscar $200 for his laptop valued at $600 and Oscar agrees, a court will probably

a. set aside the agreement as being unfair. b. set aside the agreement because the consideration is inadequate. c. not set aside the agreement based on the adequacy of the consideration. d. not set aside the agreement because of the UCC.

Marcy Link took out a loan for $9,100 at the Eastern Trust Bank for 160 days. The bank uses the ordinary interest method for calculating interest. What rate of interest was charged if the amount of interest was $521.73? (Round to the nearest tenth of a percent)