The Right of a Dentist to Adjust the Fees Charged

question 70

Multiple Choice

The right of a dentist to adjust the fees charged the patient is the ____________ fee.

• A) usual
• B) reasonable
• C) customary
• D) professional courtesy

Identify the characteristics of goods and the implications for contracts involving future goods or uniquely manufactured items.

Understand the legal differences between sales and bailments.

Recognize the implications of the UCC on merchants, including the modifications to common law rules.

Understand the differences between auctions with reserve and auctions without reserve.

---

Definitions:

Differential Cost

The variance in overall expenses incurred when choosing one option instead of another.

Relevant Costs

Costs that will be affected by a decision and hence should be considered in the decision-making process.

Milling Machine Constraint

A limitation or bottleneck in the production process caused by the capacity or capability of the milling machine.

Productive Capacity

The maximum output level that a company can sustain to produce in a given period under normal circumstances.