In Paramount Contracting Co v. DPS Industries, DPS claimed there was a contract to deliver hundreds of truckloads of dirt for Paramount, which claimed no contract had come into existence. The courts held there was a contract under the UCC as most of the value was for goods
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Manuel's vacation to Chicago for $1,000 for three nights in a four-star hotel on Michigan Avenue included airfare and accommodation. If these services were availed individually, it would have been more expensive. This form of pricing is referred to as
A. leader pricing. B. zone pricing. C. odd pricing. D. price bundling. E. variable bundling.
A Penrosian definition of the firm focuses on the role of:
a. Technology b. Capital c. Resources d. Network
Office Plus, an office supply store, ordered 600 blank CDs from Curtis Co, a manufacturer of computer products. Office Plus placed the order using a preprinted purchase order form; Curtis acknowledged the order by sending a preprinted acceptance form back to Office Plus. Unlike Office Plus' form, which says nothing about packaging, Curtis's form specifies that the CDs will be packaged in cases of
10 CDs per box, 10 boxes per case. Which statement is correct? a. The UCC will classify this as a specialty goods exception and will reform the contract. b. Curtis's packaging term is a different term which materially changes the offer. There is no contract. c. Curtis's packaging term is an additional term and therefore a part of the contract unless Office Plus promptly objects to the term. d. The UCC does not cover the contract because both parties are merchants.
One of the primary goals of ethics training is to avoid adverse publicity.
Answer the following statement true (T) or false (F)