Which of the Following Is True Under the UCC Regarding

question 29

Multiple Choice

Which of the following is true under the UCC regarding the right of a seller or lessor to presume acceptance?

• A) Sellers and lessors do not have the right to presume acceptance.
• B) The seller may presume acceptance if the buyer fails to reject goods within 48 hours, but the lessor may not presume acceptance.
• C) The lessor may presume acceptance if the lessee fails to reject goods within 48 hours, but the seller may not presume acceptance.
• D) Both lessors and sellers may presume acceptance if buyers or lessees fail to reject good within 48 hours.
• E) Both lessors and sellers may presume acceptance if buyers or lessees fail to reject good within a reasonable period of time.

Analyze production data to find units started and completed.

Understand the significance of the point at which materials are added in the production process.

Differentiate between the stages of completion for different elements of production costs.

Understand the process of calculating total manufacturing costs and cost per unit.