subject
Business, 05.06.2020 16:59 bellaforlife9

Harry is a furniture dealer in town. Harry calls up another merchant and says he will sell 35 dressers for the standard price and the other merchant Sam says you have a deal. The last standard price was $50 each. Harry then sends an email to Sam confirming what he just said, and said the items will be sent in three months. Sam promptly responds and says he needs them in two weeks and must have them then. Harry emails and says we have a deal and if you want them in two weeks, the price will be $55. The other merchant yells and says no way and emails Harry to say "No way" again. Harry ships them in 2 weeks and bills the merchant $55. Can he collect it? Presume a reasonable time for shipment in the industry in 3-4 weeks. Harry reads Section 2-207 of the UCC which says:(1) A definite and seasonable expression of acceptance or a written confirmation which is sent within a reasonable time operates as an acceptance even though it states terms additional to or different from those offered or agreed upon, unless acceptance is expressly made conditional on assent to the additional or different terms.(2) The additional terms are to be construed as proposals for addition to the contract. Between merchants such terms become part of the contract unless:(a) the offer expressly limits acceptance to the terms of the offer;(b) they materially alter it; or(c) notification of objection to them has already been given or is given within a reasonable time after notice of them is received(3) Conduct by both parties which recognizes the existence of a contract is sufficient to establish a contract for sale, although the writings of the parties do not otherwise establish a contract. In such case the terms of the particular contract consist of those terms on which the writings of the parties agree, together with any supplementary terms incorporated under any other provisions of this Act. A. Is there a deal? Why?B. When Harry said the units would be shipped in 3 months, what was Harry doing?C. What is the likely price of the dresser? D. If Harry ships them in 2 weeks, can he bill them at $55?

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 07:00, zayam1626
Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?
Answers: 2
image
Business, 23.06.2019 08:30, Irdk1
The kamp family has twins, rob and rachel. both rob and rachel graduated from college 2 years ago, and each is now earning $50,000 per year. rachel works in the retail industry, where the mean salary for executives with less than 5 years' experience is $35,000 with a standard deviation of $8,000. rob is an engineer. the mean salary for engineers with less than 5 years' experience is $60,000 with a standard deviation of $5,000.
Answers: 3
image
Business, 23.06.2019 11:00, Jackierose2004
Comparative financial statements for weller corporation, a merchandising company, for the year ending december 31 appear below. the company did not issue any new common stock during the year. a total of 800,000 shares of common stock were outstanding. the interest rate on the bonds, which were sold at their face value, was 12%. the income tax rate was 40% and the dividend per share of common stock was $0.40 this year. the market value of the company's common stock at the end of the year was $18. all of the company's sales are on account. time interest earned ratio
Answers: 3
image
Business, 23.06.2019 12:00, aliciagore
Rich is researching for an economics paper on the history of exchange rates between the us and great britain. the best choice for rich to use is
Answers: 3
You know the right answer?
Harry is a furniture dealer in town. Harry calls up another merchant and says he will sell 35 dresse...

Questions in other subjects: