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Universal commercial code research
Universal commercial code
Universal commercial code research
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ABC offers separately priced extended warranties for appliances sold that are non-refundable and have no limits to the potential cost of honoring the warranty. Although ABC does track warranty profits and losses by appliance type, assume that no analysis has been performed to determine the rates at which cost are incurred throughout the warranty period. Assuming that manufacturer warranties provide coverage for the appliance for 1 year from the date of purchase, when should revenues and expenses of such warranties be recognized? FASB Accounting Standards Codification (ASC) topic 605-20-25-3 (Revenue Recognition) states that in regard to extended warranties “revenue shall be recognized in income over the period in which the seller is obligated
Why State Farm was so successful in using humor: State Farm has been known as one of the best insurance companies in the United States for a while know. To keep ahead of the competition, State Farm has been creating unique, funny advertisements. Each humorous advertisement State Farm creates lures a different type of customer in based on many target audiences the company goes after. Four very well known commercials of State Farm are the use of Saturday Night Live “Coneheads” characters, the “Hoopers”, Jake from State Farm, and the newest one Jake from State Farm “Emoji” edition.
The Uniform Commercial Code was first written in 1952. It is a (recommendation of laws that can be adopted by the various states uslegal.com). It was developed to create uniformity among the states for the purposes of conducting business across state lines. The UCC itself is not law but more of a template for states to follow when creating their own laws. It is (divided into nine articles and each one relates to different areas of commercial law including sales, leases, negotiable instruments, bank deposits, funds transfers, letters of credit, bulk transfers and bulk sales, warehouse receipts, bills of lading and other documents of title, investment securities, and secured transactions USLegal.com).
For example, an individual may have desires that go against their best interests. Varner uses an example of a cat. He states that, "cats find the outdoors facinating, but they also encounter health risks outside, including exposure to feline leukemia virus and fleas" (Varner 93). Cats desire access to the outdoors, however they do not and cannot understand the risks involved, such as getting diseases. The cat may want to go outside and explore, even though it is evidently obvious that their desire is against their best interests, which is not to get a disease.
This act was enacted to clarify and define what constituted “monopolistic” activities. It protected the activities of labor unions and prohibited directors from serving in boards of competing
The Commerce clause refers to Article 1, Section 8, Clause 3 of the United States Constitution, which gives Congress the power “to regulate commerce with foregin nations, and among the several states, and with the Indian tribes”. This clause is one of the most fundamental powers delegated to congress by the founders. It has helped to seprate the powers between the federal governemtn and the states, along with the branches of governemtn and Judiciary. In simpler terms the commerce clause was to help regulate commerce among navigable waters.
Costco Wholesale is a multi-billion dollar global retailer with warehouse club operations in over 700 locations in eleven different countries. Costco is a membership warehouse club, individual customers or businesses who would like to shop their, must first buy a membership that ranges from $60 - $120. There are four different types of membership options: Gold Star, Gold Star Executive, Business, and Business Executive. The Gold Star, and Gold Star Executive memberships are for individual households, and the Business, and Business Executive memberships are for businesses. Costco provides a wide selection of quality-brand merchandise, plus specialty departments and exclusive member services.
When reading the IAMFC Code of Ethics and AAMFT Code of Ethics I found that they compare significantly, much more than they contrast. Many of the principals coincide. For example, the topic of multiple relationships is one of the many principles that parallel in many codes of ethics. The IAMFC Code of Ethics encourages family counselors to “avoid whenever possible multiple relationships, such as business, social, or sexual contacts with any current clients or family members” (Section A). Similarly, the AAMFT Code of Ethics also requires that therapists “make every effort to avoid conditions and multiple relationships with clients that could impair professional judgment or increase the risk of exploitation.
The North Carolina State Board of Education outlines the professional standards to which teaches should uphold within, and even outside of, the classroom. These standards are comprised of the commitment to the student, commitment to the school, and commitment to the profession. Also, the Code of Ethics includes the professional conduct which entails, honesty, the acknowledgement of the rights of others, keeping information confidential, and compliance of criminal laws (NC State Board of Education, 1998). Ultimately, the NC Code of Ethics is a set of rules in which teachers must uphold during their career. Discussion Commitment to the Student
The Uniform Commercial Code (UCC) is an arrangement of regulations that are used to regulate sales and exchanges in the U.S. The UCC is not law, but rather statutes that can differ from one state to the next. Article 2 of the UCC is a model statute that has been accepted by each state, aside from Louisiana, and is utilized to settle issues with respect to the sale of merchandise. Products secured by the UCC are characterized as anything that is recognizable and transportable. Products that are secured by Article 2 may incorporate livestock, produce, hardware, or cars.
Historical calamities like the Holocaust, and terrorist attacks like 9/11, are two examples of when the outcomes and actions taken took too much from humanity to just be looked over, and that’s why whether or not you had good intentions should be something we know ourselves by, but in the end we should be judged according to the results of our actions and who, or what may be affected in
It falls under direct or oblique intention. Direct is when the accused wanted a specific result and carried out a deliberate act in order to achieve it. Direct intention was explained in Mohan(5), as‘ a decision to
SIGMA KAPPA SORORITY STANDARDS COUNCIL Purpose/Goal The purpose of a standards council is to work with the chapter members to maintain high personal and group standards through positive reinforcement, appropriate discipline, and member education. A positive standards program is dependent on the standards council, the vehicle through which all standards programs are delivered.
He uses the word “intended” repeatedly in the first two paragraph in order to emphasize his embracement of laziness. By showing that he supports laziness, he persuades the audience that he is not criticizing the trait of laziness and that the audience should not criticize it either. In addition, although he claims that he is lazy, he uses professional and complex words throughout the essay, such as “languid,” “demure,” “quibble,” rectilinear,” “nimbly,” and “seidel.” His professional diction supports his idea of “philosophical laziness, … the kind of that is based upon a carefully reasoned analysis of experience.” He implies that while laziness is frowned upon by society, it is beneficial to people as it allows for an opportunity to reflect on their actions and to contemplate.