QD representatives met with EDS managers. They discussed plans for a conference room with Persian carpets, quality furniture, and nice art. The parties agreed that the job would be done for $100,000, the final bill to be subject to review. QD delivered a room with ordinary carpet and furniture and posters of dogs. They sent a bill for $85,000 . EDS sues QD:
a. EDS should win based on the UCC's perfect tender rule
b. EDS should win based on the UCC's provisions providing express and implied warranties of quality and merchantability
c. QD should win because the terms of the contract were vague, based on oral discussions, and the price was cut
d. QC should win on the basis of the seller's right to cure defects
e. QD should win on the basis of contract law because the UCC does not apply to real estate dealings
b
You might also like to view...
Three common categories of long-term assets are: 1) property, plant, and equipment, 2) investments, and 3) intangibles
a. True b. False Indicate whether the statement is true or false
The product-management organization replaces the functional organization in the firm
Indicate whether the statement is true or false
Advertising vehicles are generally recommended for situations requiring ________
A) reputation management B) personal interaction C) short-term boosts in sales D) pervasiveness and credibility
What is the market rate of interest? What factors influence the market rate of interest? When the market rate of interest is higher than the stated rate of interest, will the bonds sell at a premium or at a discount?
What will be an ideal response?