Business Rental Corporation (BRC) and Cartage Trucking Company enter into a contract for a lease of ten hydraulic lifts. Under the perfect tender rule, BRC must ship or tender goods to the lessee that
a. approximately conform to the contract description.
b. entirely conform to the contract description except in one or two details.
c. conform to the contract description in every way.
d. substantially conform to the contract description in most details.
C
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When two producers are trading without money, each must want what the other produces. This requirement is referred to as
A. ?the barter condition. B. ?double coincidence of wants. C. ?comparative advantage. D. ?specialization in production.
A successful sales presentation is:
A) the result of careful script-writing B) conducted the same way each time C) a model of good two-way communication D) more about the salesperson than the customer E) one that ends in a close
Only a seller may be held liable under the price discrimination laws
Indicate whether the statement is true or false
Massey Fabrications sells some equipment to Keiser Co, warranting its suitability for Keiser's purpose. The equipment, which is not suitable for Keiser's purpose, causes $5,000 in damage to Keiser's property and $12,000 in personal injuries. Keiser can recover $17,000 in consequential damages
a. True b. False Indicate whether the statement is true or false