On June 1, Supertread Tire Company entered into a contract to provide 100 tires per month to ZYX Cycle Company at $30 per tire for the next two years. The October shipment consisted of 100 badly defective tires. ZYX Cycle Company:
a. can treat the whole contract as breached.
b. can reject the October shipment if it cannot be cured in a timely manner by Supertread.
c. cannot reject the October shipment since it is part of the installment series.
d. must pay for the defective tires, but Supertread must provide 200 tires in November.
b
You might also like to view...
Section 2 of the Sherman Act prohibits:
a. price discrimination. b. monopolies and attempts to monopolize. c. every contract, combination or conspiracy in restraint of trade. d. mergers that threaten competition.
An auctioneer is free to withdraw the goods from sale if the sale is advertised or announced in explicit terms to be without reserve
Indicate whether the statement is true or false
The known user rule imposes liability on the accountant for malpractice when he can foresee the parties who will rely on his work in the financial statements
Indicate whether the statement is true or false
Returns from shares of stock come in the form of
A) stock splits. B) capital appreciation. C) dividends. D) All of the above are correct. E) Only B and C are correct.