The CISG specifically excludes sales of:
a. goods bought for personal, family, or household use.
b. ships or aircraft.
c. electricity.
d. All of these.
d
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A business received an offer from an exporter for 10,000 units of product at $17 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $20 Unit manufacturing costs: Variable 11 Fixed 1 What is the differential cost from the acceptance of the offer?
A) $200,000 B) $120,000 C) $140,000 D) $110,000
Customers’ perception of excellence can be highly subjective. Therefore, it can be a challenge for the ____ control of an organization.
a. Preliminary b. Concurrent c. Quality d. Feedforward
Under the common law, in order to be enforceable, a modification of an existing contract must be supported by mutual consideration
a. True b. False Indicate whether the statement is true or false
A contract that does not satisfy the writing requirement of the Article 2 statute of frauds, but which is otherwise valid, is enforceable in which of the following situations?
a. Where the goods have been delivered and accepted. b. Where payment has been accepted. c. Where the goods have been specially manufactured and are not suitable for resale in the ordinary course of business. d. All of these are situations where the contract would be enforceable.