By definition, a sale under Article 2 of the UCC requires:
a. that the parties involved be merchants.
b. that the product involved be goods, services, or a mixture; that the sale be between or among merchants; and that the sale take place in the normal course of business for that industry.
c. that title to the goods pass between the seller and the buyer and that a price be paid for the goods.
d. that the service being sold cannot be a gift or a bailment.
c
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Dorothy Drache and Camina Burana are students. Dorothy has a portable sound system and Camina has business contacts with banquet halls. They agree to run a disc jockey business on weekends
Each will get $100 for a job they do personally and any excess profits will be split 50/50. There is no mention of a partnership, no agreement is signed, and no registration is made. Which of the following is TRUE? A) Dorothy and Carmina are not partners because an oral partnership agreement cannot be effective. B) Dorothy and Carmina are not partners because there is no written partnership agreement. C) Dorothy and Carmina are not partners because they didn't register the partnership with the relevant government agency. D) Dorothy and Carmina are partners in law E) Dorothy and Carmina are not partners because they have not made a joint contribution of capital to the business.
Histograms are a common tool used in predictive analytics
a. True b. False