Oxtren, Inc. is a tools wholesaler. Oxtren sent M&E Tools a purchase order offering to buy 200 Model 308 milling and drilling machines with R-8 spindles. The purchase order stated the credit term to be 2% discount if payment was made in 10 days, with the full amount due in 30 days. M&E responded with an acceptance form accepting the offer. The acceptance form, however, stated that full payment was due on delivery and that disputes under the contract would be settled by arbitration. (A)Do the parties have an agreement?(B)What is the payment term?(C)Is the arbitration clause part of the agreement?
What will be an ideal response?
(A) Under the UCC, the parties will have an agreement since they intended to create a contract. (B) The payment term in the acceptance is a different term. In the majority of states, different terms cancel each other out. In deciding the payment term, the court will look to enforce an oral agreement if one exists. Otherwise, the court looks to the gap-filler provision concerning payment. (C) The arbitration clause is an additional term. Under the UCC, since the parties are merchants, the arbitration clause will be part of the contract unless: (1) the offer insisted on its own terms; (2) the additional terms materially alter the terms of the offer; or (3) the offeror promptly rejects the additional terms.
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Answer the following statements true (T) or false (F)
1.Our reactions to a message often occur simultaneously with our reception of a message. 2.Nonevaluative feedback occurs when we speak our mind, announcing our opinions and feelings, about the subject we are discussing. 3.How we engage in dialogic listening remains constant from culture to culture. 4.On his trip to Suriname, Sampson has discovered that how the local people engage in dialogic listening differs from how people engage in dialogic listening in his home culture. This is because how we engage in dialogic listening differs from culture to culture. 5.Words that interfere with our ability to listen because they trigger in us an emotional deafness that causes our listening efficiency to drop to zero as we take an emotional side trip are known as black-flag words.
What are the key distinguishing features of legacy systems?
How can you try to change a bad or incorrect first impression?
What will be an ideal response?
The following information was taken from Andson Company's accounting records: Increase in raw materials inventory ................... $ 7,500 Decrease in finished goods inventory .................. 17,500 Raw materials purchase ................................ 215,000 Direct-labor payroll .................................. 100,000 Factory overhead ...................................... 150,000
Freight-out ........................................... 22,500 There was no work-in-process inventory at the beginning or end of the year. Andson's cost of goods sold is a. $497,500. b. $487,500. c. $482,500. d. $475,000.