Article 9 of the UCC makes ineffective any term in a contract prohibiting the assignment of a security interest arising out of a sale of any right to payment for goods sold.

Suppose that,since the base year,all prices have risen by 100%.This year's current-dollar GDP is $2,000 billion.Then constant-dollar GDP is

A) $4,000 billion.
B) $3,000 billion.
C) $2,000 billion.
D) $1,000 billion.
E) $500 billion.

In merger analysis, a terminal value represents:

A) the estimated value of the target company exactly three years in the future.
B) the book value of the target's assets at the end of the period of cash flow estimation.
C) the target's value after a period of detailed cash flow estimation, generally assuming it will grow at a constant rate indefinitely.
D) the net income of the target company during its last full year prior to acquisition.
E) None of the above describes the terminal value concept.

A decrease in the number of units sold will decrease the break-even point.

A new wonder diet that results in a dramatic weight loss sweeps through the United States.The key to the diet is to eat large amounts of red meat (beef) but no poultry or carbohydrate-rich foods.As millions of Americans switch to the new diet,we can expect a(n) _____ in the _____ beef,leading to a shift to the _____ in the _____ curve for beef and _____ beef prices.

A) increase;demand for;right;demand;higher
B) increase;demand for;right;demand;lower
C) decrease;supply of;left;supply;higher
D) decrease;demand for;left;demand;higher

"Core competencies" refers to the integrated knowledge sets within an organization that distinguish it from its competitors and deliver value to customers.