Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Erma, a merchant, receives a brochure from Ammco regarding some merchandise that is sold in Ermas business. Erma then sends in a purchase order ordering

Erma, a merchant, receives a brochure from Ammco regarding some merchandise that is sold in Erma’s business. Erma then sends in a purchase order ordering 25 units of merchandise (which exceeds $500.00 in value). Ammco upon receipt of the order, sends a letter of confirmation containing additional information which states that the price did not include shipping and insurance costs and that the shipping costs and insurance would be added on to the total contract price. Furthermore, Ammo delegates the obligation of shipping the merchandise to Ecco. While the goods were in transit, the truck was hijacked and all the merchandise, including Erma’s order. Under the Uniform Commercial Code are there Party issues? Proof issues? Performance issues? Breach and Discharge issues? What are the available remedies?


Step by Step Solution

3.46 Rating (153 Votes )

There are 3 Steps involved in it

Step: 1

answers Contracts provide different remedies in relation to sale of damaged goods depending on whether the damage of the goods happened when the goods were in transit on the way to the buyer or the da... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finite Mathematics and Its Applications

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

12th edition

978-0134768588, 9780134437767, 134768582, 134437764, 978-0134768632

More Books

Students also viewed these Accounting questions

Question

what NPV focus on, What Payback period focuses on

Answered: 1 week ago