Jill Owns and Operates a Donut Shop

question 8

Multiple Choice

Jill owns and operates a donut shop.Under the Code, the flour, sugar, and other goods used by Jill to make donuts are classified as:

• A)farm products.
• B)fixtures.
• C)consumer goods.
• D)inventory.

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Definitions:

Enterprise Contract

A contractual agreement between businesses, or between a business and an individual, that typically involves provision of goods or services.

Business Decision Making

The process by which business leaders and managers choose among alternative strategies or actions to achieve organizational goals.

Justice for Janitors

A social movement and union campaign initiated by the Service Employees International Union (SEIU) focused on improving wages, benefits, and working conditions for janitors through collective bargaining.

Social Movement

A collective group action aimed at promoting or resisting change in society, based on shared values and common objectives.