The time delay between when a check is written and when funds are available to the payee is called the float
Indicate whether the statement is true or false.
Answer: TRUE
Business
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If one or both parties to a sales contract are merchants, any additional terms are considered proposed additions to the contract
Indicate whether the statement is true or false
Business
Under the UCC, a sales contract of ________ is enforceable if it is oral
A) no amount B) less than $5,000 C) less than $500 D) any amount
Business