Which of the Following Principles Explains the Success of a Shopping

question 79

Multiple Choice

Which of the following principles explains the success of a shopping center whose tenants include Kohl's, Walmart, and Dick's Sporting Goods?

• A) Multiple risk
• B) Analog approach
• C) Cumulative attraction
• D) Consumer spotting
• E) Diminishing adjacent

Understand the principles and applications of the Uniform Commercial Code (UCC) regarding sales and leases of goods.

Identify and analyze the factors that can render a sales contract unconscionable.

Distinguish between different types of leases and transactions under the UCC, including commercial and consumer leases.

Interpret agreements and determine the enforceability of oral contracts for the sale of goods under the UCC.

---

Definitions:

Direct Labor-Hours

A measure of the time workers or employees directly spend producing goods or performing services.

Predetermined Overhead Rate

Calculated before the period begins, this rate is used to assign overhead costs to products or job orders based on an activity base.

Variable Manufacturing Overhead

Costs that fluctuate with the level of production output, such as raw materials and direct labor.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, used to allocate manufacturing overhead costs to products.