Which of the following is not true about Article 2(
A) of the UCC?
A) Article 2(A) was drafted in the late 1950s, a few years after Article 2 was drafted.
B) Many of its provision are similar to corresponding provisions of Article 2.
C) The lessor is the person who transfers the right of possession and use of the goods under
the lease.
D) The primary motivation in creating a separate Article for leases was to address those
areas where the sales provisions didn't exactly fit a lease transaction.
A
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The generation of cash budgets and and pro forma financial statements are equivalent ways of forecasting financial needs
Indicate whether the statement is true or false
Which of the following is a credit management decision?
A) Purchasing a used car with cash B) Investing your savings in the stock market C) Obtaining a student loan to attend college D) Putting money into your retirement account