A Sales Journal Is ________

question 48

Multiple Choice

A sales journal is ________.

• A) a special journal used to record all the cash sales
• B) used to record the sales of assets other than merchandise inventory
• C) a special journal used to record credit sales
• D) a general journal used to record the adjustments in revenue account

Recognize the concept of unconscionability and its relation to the Uniform Commercial Code.

Identify how additional terms affect acceptance under the Uniform Commercial Code.

Comprehend the principles judges use to interpret the UCC in agreement disputes.

Grasp the impact and significance of the UCC on commercial transactions.

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Definitions:

Social Networks

Online platforms that allow users to build interpersonal relationships, share interests, activities, backgrounds, or real-life connections.

LinkedIn Page

A public profile on LinkedIn, the professional networking site, dedicated to businesses, organizations, or public figures to share updates, insights, and engage with followers.

Information Technologies

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Loose Collection

Loose Collection refers to a group of items or elements that are gathered together without a strict organization or structure.