If Car Manufacturers Begin Using New Labor-Saving Technology on Their

question 73

Multiple Choice

If car manufacturers begin using new labor-saving technology on their assembly lines,we would not expect

• A)a smaller quantity of labor to be used.
• B)the supply of cars to increase.
• C)the firms' costs to fall.
• D)individual car manufacturers to move up and to the right along their individual supply curves.

Learn the role of consideration in modifying or rescinding a contract for the sale of goods.

Distinguish between the obligations of merchants and non-merchants under the UCC.

Understand how the UCC addresses issues related to payment terms, such as cash on delivery (COD).

Comprehend how the UCC handles the delivery of goods when no specific agreement is made regarding the place of delivery.

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Definitions:

Supreme Court

The highest federal court in the United States, consisting of nine Justices and having final appellate jurisdiction along with the ability to adjudicate on important constitutional cases.

Charismatic Leadership

A leadership style characterized by a leader's persuasive, inspirational, and magnetic personality, often resulting in a strong follower devotion.

Ella Baker

Ella Baker was a prominent African American civil rights and human rights activist known for her behind-the-scenes work in many of the most influential organizations of the time, including the NAACP, SCLC, and SNCC.

Southern Christian Leadership Conference

An African American civil rights organization founded in 1957, closely associated with Dr. Martin Luther King Jr., which played a major role in the civil rights movement.