If a buyer rejects a shipment of goods as not conforming, the seller has the right to cure the defect, except for which of the following:
a. the seller repairs or replaces the defective goods within the time for performance b. the seller notifies the buyer in a timely manner of the intent to cure the defect
c. the time for performance has not passed
d. the seller is due a "reasonable time" for repair or performance past the original due date e. all of the other choices are part of the seller's right to cure
d
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Jimmy, the marketing manager for an automobile manufacturer, observes frequent conflicts between two of his subordinates, Trent and Luke. He asks the human resource department to help, and the department's training manager, Emily, investigates. She tells Jimmy that the two subordinates lack interpersonal communication skills but would be likely to improve with proper training. This scenario suggests that Emily has conducted a(n)
A. instructional analysis. B. organization analysis. C. institutional analysis. D. person analysis. E. market analysis.
Which of the following assumptions is true of the EPQ model?
a. The quantity ordered is delivered all at once. b. There is considerable variation in the lead time. c. There are no quantity discounts. d. The lead time is not known.
Which of the following statements is (are) true with regard to the ISO commercial crime coverage forms?
I. The discovery version only covers losses which occur during the policy period. II. The loss-sustained version covers losses which occur during the policy period and the loss is discovered during the policy period or within one year after the policy expires. A) I only B) II only C) both I and II D) neither I nor II
Shimko Corporation's most recent comparative balance sheet and income statement appear below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Cash and cash equivalents$37 $32 Accounts receivable 34 32 Inventory 59 55 Property, plant and equipment 447 390 Less accumulated depreciation 212 188 Total assets$ 365 $ 321 Liabilities and stockholders' equity: Accounts payable$37 $32 Bonds payable 217 270 Common stock 21 20 Retained earnings 90 (1)Total liabilities and equity$ 365 $ 321 Income StatementSales$ 891Cost of goods sold 539Gross margin352Selling and administrative expense 195Net operating income157Income taxes 47Net income$ 110The company paid a cash dividend of $19 and it did not dispose
of any property, plant, and equipment. The company did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.The net cash provided by (used in) financing activities for the year was: A. $(53) B. $(71) C. $1 D. $(19)