Business, 06.04.2021 01:10 sophialoperx

Moon Corp. orally agreed to sell Starco, Inc. a printer for $10,000. Starco sent a signed purchase order to Moon confirming the agreement. Moon received the purchase order and did not respond. Moon refused to deliver the computer to Starco, claiming that the purchase order did not satisfy the UCC Statute of Frauds because it was not signed by Moon. Starco sells computers to the general public and Moon is a computer wholesaler. Under the UCC Sales Article, Moon’s position is A. Incorrect because it failed to object to Starco’s purchase order. B. Incorrect because only the buyer in a sale-of-goods transaction must sign the contract. C. Correct because it was the party against whom enforcement of the contract is being sought. D. Correct because the purchase price of the computer exceeded $500.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:30, jackiecroce1

Which of the following best describes the purpose of raising and lowering the required reserve ratio? a. to make sure that government spending does not result in either a surplus or deficit. b. to stimulate economic growth by making it less expensive for producers to get loans. c. to manage the economy by increasing or decreasing the amount of loans being made. d. to regulate the activity of private banks to assure an equitable distribution of wealth. 2b2t

Answers: 3

continue

Business, 21.06.2019 23:20, pwolfiimp4

Which feature transfers a slide show into a word-processing document?

Answers: 2

continue

Business, 22.06.2019 19:00, xojade

1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals

Answers: 1

continue

Business, 22.06.2019 21:10, cece3467

Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is:

Answers: 3

continue

You know the right answer?

Moon Corp. orally agreed to sell Starco, Inc. a printer for $10,000. Starco sent a signed purchase o...