Under 2-711 of the UCC, a buyer has a remedy called "cover". What is cover and when can it be used?
a. Cover applies when conforming goods are rejected by the buyer, giving him the right to cancel the contract and buy better goods elsewhere with reimbursement for any extra costs.
b. Cover applies when nonconforming goods are delivered to the buyer, giving him the right to cancel the contract and buy the goods elsewhere with reimbursement for any extra costs.
c. Cover is a SELLER's right and does not apply to the buyer.
d. Cover allows a buyer to cancel the contract after the shipment is delayed for 30 days, and recover direct damages from the seller.
b
You might also like to view...
Japan is a highly ______ culture.
A. nurturing B. collectivist C. individual D. feminine
On October 12 of the current year, a company determined that a customer's account receivable was uncollectible and that the account should be written off. Assuming the allowance method is used to account for bad debts, what effect will this write-off have on the company's net income and total assets?
A. No effect on net income; no effect on total assets. B. Decrease in net income; decrease in total assets. C. Increase in net income; no effect on total assets. D. No effect on net income; decrease in total assets. E. Decrease in net income; no effect on total assets.
Which of the following statements best describes the relationship between an analogy and the use of a legal precedent by a lawyer?
A) The lawyer uses an analogy to persuade the court that the facts in a case are similar to the facts given in a favorable precedent. B) The lawyer attempts to convince the court that justice is a more important ethical norm than the analogous ethical norm of freedom. C) The lawyer is attempting to convince the court to establish a legal precedent in a case by rephrasing the legal issue. D) The lawyer draws an analogy between an ethical norm and an ambiguous statement.
AHP gives the factor weights and factor evaluations from which the final decision can be made
Indicate whether the statement is true or false