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nika2105 [10]
3 years ago
10

A manager at Blue Cross asks Office Supply, Inc. (OSI) if it will provide 500 boxes of letter size paper. OSI agrees, arranges f

or the delivery of the paper, and sends an invoice to Blue Cross. The invoice contains an arbitration clause. Blue Cross accepts the goods and pays OSI. Later, the two companies get in a dispute, and OSI attempts to force the dispute into arbitration. A court would likely find the arbitration clause
Group of answer choices

valid, because the UCC does not apply to this sale

invalid, because under the UCC the acceptance must mirror the offer

invalid, because common law requires the acceptance be a mirror image of the offer

valid, because under the UCC the acceptance does not have to mirror the offer
Business
1 answer:
BigorU [14]3 years ago
4 0

Answer:

Invalid, because under the UCC the acceptance must mirror the offer

Explanation:

§ 2-207 of the Uniform Commercial Code (UCC) enforces the mirror image rule. The mirror image rules states that in order for a valid contract to be formed, the offeree (Office Supply) must accept all the terms included in the offer (by Blue Cross) and cannot modify or add any terms. Any term that changes the original offer results in no contract.

You might be interested in
Suppose Firm A has a supply curve of Upper Q Subscript Upper A Baseline equals negative 2 plus p and Firm B has a supply curve o
Sonja [21]

Answer:

The total supply can be found by adding individual supply functions as follows:

Qa+Qb = Q

Q = -2+p+0.5p

Q= -2+1.5p where p = $44 therefore;

Q= -2+1.5(44)

Q= 64

Total supply at p = $15

Q= -2+15(1.5)

Q= 20.5

8 0
4 years ago
On December 31, 2018, a company had assets of $29 billion and stockholders' equity of $22 billion. That same company had assets
Kisachek [45]

Answer:

0.69

Explanation:

From the question above on December 31, 2018 a company has an assets of $29 billion and stockholders equity of $22 billion.

On December 31, 2019 the same company recorded an assets of $55billion and stockholders equity of $17billion

Inorder to calculate the debt-to-assess ratio the first step is to find the amount of liabilities

Liabilities= Assets-Stockholders equity

Assets= $55 billion

Stockholders equity= $17 billion

= $55billion-$17billion

= $38 billion

Therefore, the debt-to-assets ratio can be calculated as follows

Debt-to-assets ratio= Total liabilities/Total Assets

= $38 billion/ $55 billion

= 0.69

Hence on December 31, 3019 the debt-to-assets ratio is 0.69

5 0
4 years ago
Under a just-in-time inventory system, a company can reduce the amount of working capital it needs to finance inventory, freeing
Gennadij [26K]

Answer:

True.

Explanation:

Under a just-in-time inventory system, a company can reduce the amount of working capital it needs to finance inventory, freeing capital for other uses and/or lowering the total capital requirements of the enterprise.

In Business management, Just-in-time (JIT) is an inventory management method used by a company wherein goods, products, components, and labor are made available exactly when needed or just few hours before they are needed in the production process.

Basically, It is an inventory management system that companies use to reduce wastage to the barest minimum, thereby, freeing capital for other uses and/or lowering the total capital requirements of the enterprise.

<em>Hence, just-in-time when used judiciously can help a company reduce the amount of working capital it needs to finance inventory management. </em>

4 0
3 years ago
When incorporating, a business a. may incorporate in any state it chooses. b. must incorporate in the state in which it does the
finlep [7]

Answer:

B. may incorporate in any state it chooses.

Explanation:

3 0
3 years ago
Jack Wills owns a commercial nursery. Jack has more business than he wants, in fact, he is presently turning away exciting new b
Jobisdone [24]

Options to Answer

A) business aptitude

B) entrepreneurial aptitude

C) commercial opportunity

D) business capacity

E) managerial capacity

Answer:

E. Managerial capacity

Explanation:

Managerial capacity has to do with the ability or capacity for an individual to manage a business. Managerial capacity problem has to do with those problems that occurs when growth in an organization is limited by the manager's capacity. The managerial capacity is attributed to personnel, expertise, intellectual and so on. Insufficient managerial capacity leads to loss business opportunities like in this case we have here. Because of his inability to take in more worker, he's losing more businesses.

6 0
3 years ago
Read 2 more answers
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