BUSI 301 Chapter 8 questions with correct answers 100%
BUSI 301 Chapter 8 questions with correct answers 100%goods - correct answer tangible personal property that is movable at the time of identification to a contract of sale; money and information are not included under the UCC, however future goods are The UCC applies only to: - correct answer sales contracts sales contract - correct answer A contract for the sale of goods under which the ownership of goods is transferred from a seller to a buyer for a price. merchant - correct answer One that is regularly engaged in the sale of a particular good Article 2 of the UCC - correct answer governs the sale of goods; acts to fill in only missing or open terms Article 2 ___________ the bar for formation by allowing an enforceable contract to arise in any manner sufficient to show agreement - correct answer lowers UCC allows contract enforcement that consists of: - correct answer past commercial conduct correspondence or verbal exchanges industry standards and norms Open terms under the UCC - correct answer price, quantity, delivery, time, payment output contract - correct answer An agreement in which a seller agrees to sell and a buyer agrees to buy all or up to a stated amount of what the seller produces. requirements contract - correct answer An agreement in which a buyer agrees to purchase and the seller agrees to sell all or up to a stated amount of what the buyer needs or requires.
Escuela, estudio y materia
- Institución
- Liberty University
- Grado
- BUSI 301
Información del documento
- Subido en
- 27 de mayo de 2024
- Número de páginas
- 6
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
Temas
-
busi 301 chapter 8
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