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Goshia [24]
3 years ago
8

Full-Sole Shoes concludes a counterpurchase agreement with Japan for which it receives some counterpurchase credits. Full-Sole S

hoes does not want any foreign goods, however, so it sells the credits to a third-party trading house at a discount. The trading house finds a firm that can use the credits and sells them at a profit. This is an example of _________.
Business
1 answer:
aivan3 [116]3 years ago
5 0

Correct switch trading..

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3 years ago
Dilution Solutions, Inc. repurchased 500 shares of its $2 par value common stock for $10,000. The effect of this transaction on
Sedbober [7]

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2 years ago
Question 7 of 10
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Which of the following statements about the Uniform Commercial Code (UCC) is true? Group of answer choices The UCC contract form
sergey [27]

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1- The UCC contract formation includes offer, acceptance and consideration.

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Elements "Offer" and "Acceptance" together form mutual assent. Also, in order to be enforceable, the contract must be for a legal purpose and parties to the contract must have capacity to enter into the contract, that part is related to consideration.

Offer → gives power of acceptance to another party, besides it includes the agreement´s essential elements (they have to be definite and certain).

Acceptance → must be a mirror image of the offer.

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