Solved

Your Cousin,who Is a CPA,calls You and Says That a Client

Question 64

True/False

Your cousin,who is a CPA,calls you and says that a client paid him in diamonds and he's selling them.If you purchase one of those diamonds,at the time of the sale your cousin would be considered a merchant of those diamonds.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q59: Home Gardening Corp.,a hardware and gardening chain,ordered

Q60: In what ways does the United Nations

Q61: Wrongfully revoking an acceptance will constitute a

Q62: Beata is moving to New Mexico and

Q63: In a shipping contract,the seller is obligated

Q65: With regard to consideration in a sales

Q66: Article 2 rules for acceptance of offers

Q67: UCC gap fillers will not be used

Q68: If one party to a contract has

Q69: Veggie Time,Inc.,is a distributor of canned vegetables.It