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ycow [4]
2 years ago
7

If a seller fails to deliver the goods, the buyer can purchase other goods to substitute for those due under the contract, but c

annot then sue for consequential damages. a. True b. False
Business
1 answer:
lozanna [386]2 years ago
7 0

Answer:

b. False

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.

There are special rules known as the special business standards that are set up by UCC governing the merchants and the sales of goods in the Article 2 of the uniform commercial code.

According to UCC, if a seller under a contractual agreement with a buyer fails to deliver goods, the buyer is permitted by law to purchase other goods to substitute for those due under the contract, and can still sue the seller for any consequential damages.

A substitute product can be defined as a product that a consumer sees as an alternative to another product and as such would offer similar benefits or satisfaction to the consumer.

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_____ has always been a feature of the taiwanese economy but experts warn that the _______ ________ ________ will hamper growth
konstantin123 [22]

Taiwan is an economic success. Since 1992, Taiwan’s GDP growth has averaged 4.5 percent. This raised real per capita income from $9,116 in 1992 to $19,762 in 2012, with the result that today Taiwan is the 28th wealthiest country globally, and 6th richest country in Asia. And along the way Taiwan has transformed itself from a dictatorship into a vibrant democracy.[1]

5 0
3 years ago
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Which of the following tasks is an example of how scientists might use writing skills in their jobs?
diamong [38]
To write down the conclusion of there experiment so other scientist can criticize them and help the get the right conclusion 
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3 years ago
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The World Trade Organization (WTO) has an important role in international trade. From the list below, select all statements abou
AleksandrR [38]

Answer:

Letter A

Explanation:

The main objective of the WTO is to promote the liberalization of world trade, reducing or extinguishing trade and customs barriers to facilitate economic exchanges at the international level. The agreements involve trade in goods, services, and intellectual property.

It is also important to know that currently, the World Trade Organization has 156 member countries.

5 0
3 years ago
Yoonie is a personnel manager in a large corporation. each month she must review 16 of the employees. from past experience, she
Inga [223]

Answer:

Sample size is 16

Mean 4

Standard deviation of the sample is 0.3.

Explanation

The Central Limit Theorem estabilishes that, for a random variable X, with mean \mu and standard deviation \sigma, a large sample size can be approximated to a normal distribution with mean \mu and standard deviation \frac{\sigma}{\sqrt{n}}.

In this problem, we have that:

The population has a mean of four hours, with a standard deviation of 1.2 hours. The sample is the 16 of the employees.

So

The sample size is 16, so n = 16

The mean of the sample is the same as the population mean, so \mu = 4.

The standard deviation of the sample is s = \frac{\sigma}{\sqrt{n}} = \frac{1.2}{4} = 0.3

4 0
3 years ago
Greenleaf Manufacturers, Inc. projected sales of 86,000 machines for 2022. The estimated January 1, 2022, inventory is 7,500 uni
Burka [1]

the budgeted production (in units) for 2022 will be 98,100

Production + opening stock= sales+ closing stock

Production + 7,500= 86000 + 19600

Production = 98,100

What do you mean by production budget?

The sales forecast and the anticipated amount of finished goods inventory to be on hand are combined to create the production budget, which determines the number of products that must be made (usually as safety stock to cover for unexpected increases in demand).

How important budgeting is in production process?

A production budget aids the business in planning output levels for varying demand times. A corporation can use the downtime to make an extra products to have on hand for a future period when demand increases if it anticipates that demand and production levels will be low in a month.

Learn more about production budget: brainly.com/question/18803390

#SPJ4

3 0
1 year ago
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