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Anettt [7]
3 years ago
6

Linda wanted to replace the old carpet in her home. She entered into a contract with Carpet Co., for the purchase and installati

on of new carpet. The price of the carpet was $3,000 and the cost of the labor to install the carpet was $150. Later, Linda became dissatisfied with this transaction and now wants to sue Carpet Co. Linda wants to apply the contract rules of the UCC, but Carpet Co., wants to apply the contract rule of the common law. Which source of law should govern this case?a. The contract rules of the UCC apply, the contract included the sale of goods.b. The contract rules of the UCC apply, because the predominant purpose of the contract was sale of goods.c. The contract rules of the common law apply, because the contract included services, which are governed by the common law.d. The contract rules of the common law apply, because all contracts are governed by the common law.
Business
1 answer:
malfutka [58]3 years ago
6 0

Answer: In this particular case <u><em>the contract rules of the UCC apply, because the predominant purpose of the contract was sale of goods.</em></u>

The contract rules of the UCC regulate written agreement proceedings with  intangible assets and employment. UCC governs written agreement proceedings with commodities and tangible objects.

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According to the most recent data available, there are approximately ____ noncustodial mothers in the united states.
kodGreya [7K]
<span>According to the most recent data available, there are approximately two million noncustodial mothers in the united states.
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3 0
3 years ago
Your auto insurance policy has a 200 monthly premium and 700 deductible. What is the maximum amount you will have to pay out of
ValentinkaMS [17]
140000 is the answer
5 0
3 years ago
Read 2 more answers
Although the lines are blurring, the "many-to-many" media transmission function is largely the domain of ___.
elena-s [515]

Answer: digital content transmitted online.

Explanation: This is a new type of communication that allows users to communicate with large audiences online simultaneously. This is done using social media platforms. This is often done in 2 ways: a platform where the audience can watch and react in real time, or a platform where the audience can only watch and listen. During a many - to - many transmission, of the people participating, each individual can post a message and each individual can receive the message. An example of this on social media right now is Instagram live.

6 0
3 years ago
On January 1, JC Co. accepted a 60-day, 6%, note in the amount of $10,000 from a customer. On March 2, the due date of the note,
sammy [17]

Answer:

Cash account in the amount of $10,100

Explanation:

The journal entry to be recorded for the receipt of payment is as:

Cash A/c.............................................Dr $10,100

        Note receivable A/c...................Cr  $10,000

        Interest Revenue A/c..................Cr  $100

Being recoded the receipt of payment

As payment is received so asset is increasing and any increase in asset is debited. Therefore, cash account is debited. And the note receivable got decrease will be credited and the interest revenue is also credited.

Computation of interest revenue is as:

Interest revenue = Amount × % of note × Days / Number of days in a year

= $10,000 × 6% × 60 / 360

= $100

Note: Assume 360 days in a year

3 0
3 years ago
A purely domestic firm that sources and sells only domestically, Multiple Choice should never hedge since this could actually in
Oksana_A [137]

Answer:

faces exchange rate risk to the extent that it has international competitors in the domestic market.

Explanation:

Exchange rate risk is defined as the risk that exists when a company engaged in transactions that are denominated in a foreign currency rather than the domestic currency.

So if a purely domestic firm that sources and sells only domestically has international competitors in its local market, and the exchange rate is favouring the competitors there will be a risk for them.

For example if international competitors can source raw materials cheaper because of the exchange rate of a foreign country, it will be a disadvantage to local firms that cannot reduce their prices.

5 0
3 years ago
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