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exis [7]
3 years ago
12

Strike offers to sell Bailey one thousand shirts for a stated price. The offer declares that shipment will be made by Dependable

Truck Line. Bailey replies, "I accept your offer for one thousand shirts at the price quoted. Delivery to be by Yellow Express Truck Line." Both Strike and Bailey are merchants. Three weeks later, Strike ships the shirts by Dependable Truck Line, and Bailey refuses to accept delivery. Strike sues for breach of contract. Bailey claims that there never was a contract because his reply, which included a modification of carriers, did not constitute an acceptance. Bailey further claims that even if there had been a contract, Strike would have been in breach because Strike shipped the shirts by Dependable, contrary to the contract terms. Discuss fully Bailey’s claims. Miller, Roger LeRoy. Cengage Advantage Books: Business Law Today, The Essentials: Text and Summarized Cases (p. 323). Cengage Learning. Kindle Edition.
Business
1 answer:
maks197457 [2]3 years ago
7 0

Answer: A contractual obligation om shipment is not enforceable.

Explanation: A contract is a legally binding agreement. For a contract to be legally binding it needs to have an offer and acceptance. Strike and Bailey are merchants who both agree on the stated quantity and price of shirts to be shipped. However, the declaration or condition of shipment is neither agreed nor accepted by both Strike and Bailey as Strike offered to deliver using 'Dependable Truck Line' while Bailey accepted delivery by 'Yellow Express Truck Line' that was never offered.

For a contract to exist, a complete offer and acceptance must exist on the full terms and conditions of te shipment in this case. However, there is no agreement by either party on the shipment therefore contractual obligation on shipment is not enforceable.

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Dave’s Dogs is a firm that originally sold hotdogs and soft drinks from a cart located in front of City Hall. Then Dave purchase
irakobra [83]

Answer:

The answer to this question is Option A. Dave's production function change

Explanation:

production function refers to the functional relationship between the quantity of a good produced (output) and factors of production (inputs).

The expansion of Dave's Dogs will cause its production function to change as a result of increase in the quantity of goods produced and an increase in the factors of production employed.  

Hence the answer is A. Dave's production function change

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3 years ago
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In the integrated process, the steps related to the production process are suspended when there are insufficient quantities of t
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This is a false statement

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3 years ago
Fundamental areas of management in supply chain operations management include:____________
inessss [21]

Answer:

<u>1.</u> Quality, Inventories, and Processes.

Explanation:

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3 years ago
One reason many companies do not organize themselves as an s corporation is that this form of business:
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Answer:

S type corporation is difficult to register as it has a particular eligibility restriction, which many businesses are unable to meet.

Explanation:

There are specific pre-requisites before a company may apply as an S corporation

  • It implies that corporation shareholders must be U.S. residents only who directly own the shares.
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The limited stock options, no foreign investment challenges and limitation of maximum shareholders create a barrier to open S type corporation. So the answer is S type corporation is difficult to register as it has a particular eligibility restriction, which many businesses are unable to meet.

7 0
3 years ago
Darlene is getting an FHA-insured loan to purchase a house. The purchase price is $278,000, and she’s paying 3.5% down. She will
omeli [17]

Answer:

96.5%

Explanation:

Data provided in the question:

Purchase price i.e the value = $278,000

Down payment paid = 3.5%

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Now,

Amount of down payment = 3.5% of loan value

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= $9,730

Therefore,

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= $278,000 -  $9,730

= $268,270

Thus,

loan-to-value on the loan = [ loan value ÷ value ] × 100%

= [ $268,270 ÷ $278,000 ] × 100%

= 96.5%

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3 years ago
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