Reference no: EM132304712
1. Which conflict management strategy involves choosing not to deal with the issues or the people involved and retreating from the situation hoping it either goes away or resolves itself?
Avoidance
Accommodation
Compromise
Collaboration
2. In the compromising strategy to resolve conflicts, a manager will
agree to give up part of his or her goal and part of the relationship involved to reach an agreement.
work to achieve his or her goals at all costs, even if it means sacrificing the relationship involved.
choose not to deal with the issues or the people involved.
arrive at a solution that brings about an "I win, you lose" situation.
3. The chance to win everything and exercise one's own sense of power is a gain associated with the conflict management strategy of
compromise.
avoidance.
accommodation.
competition.
4. The UCC's ____________________ provides that an action for breach of a sales or lease contract must begin within four years after the legal claim accrues.
statute of frauds
capture doctrine.
statute of limitations
specific performance doctrine
5. In which of the following cases did the court refuse to apply the implied warranties of merchantability provided for by the Uniform Commercial Code?
Brandt v. Boston Scientific and Sarah Bush Lincoln Health Center.
Hubbert v. Dell Corporation
Osorio v. One World Technologies. Inc.
Lindholm v. Brant
6. A person who deals in the goods of the kind involved in a transaction is defined by the UCC as
a dealer.
a lessor.
a merchant.
a seller.
7. A UCC rule stating that if both parties are merchants, then additional terms contained in the acceptance (different or in addition to the terms of the offer) may become part of the sales contract is called
the battle of the forms.
statute of limitations.
gap-filling rule.
open terms rule.
8. In a mixed sale when do the terms of the UCC apply?
When the mixed sale involves financing.
When the sale of services is the predominant part of a mixed sale.
The terms of the UCC apply to all mixed sales.
When the sale of goods is the predominate part of the mixed sale.
9. Which of the following is NEVER a negotiable instrument?
A check.
A promissory note.
A stock certificate.
A certificate of deposit.