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nikdorinn [45]
3 years ago
12

Which of the following circumstances is (are) not an acceptance of the goods by the buyer

Business
1 answer:
Tanzania [10]3 years ago
7 0

Complete question:

Which of the following circumstances is (are) not an acceptance of the goods by the buyer?

a.Payment by the buyer

b.After a reasonable opportunity to inspect the goods, the buyer lets the seller know that the goods are conforming

c.The buyer's failure to make an effective rejection

d.The buyer does an act that is inconsistent with the seller's ownership

e.None of the above

Answer:

Payment by the buyer

Explanation:

According to the UCC, approval takes place where the buyer: after a reasonable chance of inspecting the products, the vendor shows that the goods adhere to or[ or] will be accepted by him given any non-conformity. Does not deny the goods within a fair inspection time; It works in a manner incompatible with ownership of the goods by the seller.

Section 2–602 states that a refusal shall be made within a reasonable period of time following the delivery of the goods and furthermore, the buyer shall, in a reasonable manner, notify the seller of the refusal in a seasonal manner (reasonably swiftly).

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                 9           Income Summary             329,000.00

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                 13       Depreciation Expense                           25,000.00

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                15     Miscellaneous Expense                              2,000.00

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