when both parties are Merchant. There was an oral contract following a written confirmation of the order‚ this contract is enforceable under the Uniform Code only and if Schreiner is a merchant and in this case he is. 15. The defendant‚ Gray Communications‚ desired to have a television tower built. After a number of negotiation sessions conducted by telephone between
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COMMUNICATION Communication is the process of sending and receiving information among people. Communication is how we interact with our entire world‚ whether spoken words‚ written words‚ gestures‚ music‚ paintings‚ photographs or dance. It is an interaction that allows individuals‚ groups and institutions to share ideas. LEVELS OF COMMUNICATION Based on the number of people involved in the communication process‚ we identify 4 levels of communication. 1. Intrapersonal Communication: This can be described
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Mehrabian’s communication research Professor Albert Mehrabian’s communications model Professor Albert Mehrabian has pioneered the understanding of communications since the 1960s. He received his PhD from Clark University and in l964 commenced an extended career of teaching and research at the University of California‚ Los Angeles. He currently devotes his time to research‚ writing‚ and consulting as Professor Emeritus of Psychology‚ UCLA. Mehrabian’s work featured strongly (mid-late 1900s) in establishing
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CRIPPLING COST Every spring high school students across the country celebrate over recently received acceptance letters to college. The thought of attending a top American institution is thrilling for young scholars‚ and with a letter of admission the dream is almost a reality. Parents are often less enthused since they know college in this country is far from cheap. For many families the cost of higher education is a large hurdle on the road to success. Over the last 30 years the cost of private
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COST SHEET FOR AMUL ICE-CREAMS [pic] PRESENTED BY HIRAL MEHTA 61 SAURAV MEHTA 62
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Cost classification is the process of grouping costs according to their common characteristics. A suitable classification of costs is of vital importance in order to identify the cost with cost centres or cost units. Cost may be classified accounting to their nature‚ i.e.‚ material‚ labor and expenses and a number of other characteristics. The same cost figures are classified according to different ways of costing depending upon the purpose to be achieved and requirements of particular
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If you are starting out in a new business‚ especially a service/manufacturing business‚ understanding the cost accounting system and which cost accounting system will work best for your company‚ is the first step to being successful. Once you find someone to help you navigate those waters‚ let them help you sail the rough seas of direct and indirect inventory‚ direct and indirect labor costs‚ and how to allocate factory overhead as well. While it all may sound confusing‚ having the right person
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COST ACCOUNTING: A BRANCH OF ACCONTING THE PRINCIPAL PURPOSE OF WHCH IS TO DTERMINE THE COST OF A SINGLE UNIT OR SERVICES (FOR STOCK VALUATION‚COST PLANNING AND CONTROL AND PROFIT REPORTING PURPOSE) . OR A BRANCH OF ACCOUNTING THAT DEALS WITH THE ACCUMULATION AND ANALYSIS OF COST INFORMATION FOR INTERNAL USE TO AID MAMNAGEMENT IN PLANNING‚ CONTROL AND DECISION MAKING
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opportunity cost of a choice is the value of the best alternative forgone‚ in a situation in which a choice needs to be made between several mutually exclusive alternatives given limited resources. Assuming the best choice is made‚ it is the "cost" incurred by not enjoying the benefit that would be had by taking the second best choice available.[1] The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative is chosen". Opportunity cost is a key
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People have to demand freedom because it’s not given to them equally even though freedom should be given with no cost. As Martin Luther King jr. states in his I have a dream speech‚ on August 28‚ 1963 in Washington D.C. “There will be neither rest nor tranquility in America until the Negro is granted his citizenship rights”(King 49). In this quote he states that the Native American people have been fighting for their freedom for a long time and they won’t rest until they are free no matter the consequences
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