Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Merchant Buyer sends a P.O. to Merchant seller, which indicates that the contract is to be a destination contract. Merchant seller responds with an acknowledgment

image text in transcribed
Merchant Buyer sends a P.O. to Merchant seller, which indicates that the contract is to be a destination contract. Merchant seller responds with an acknowledgment with language that indicates the contract is to be a shipment contract. The shipment/destination distinction of the contract is a material item. After the seller ships the goods, there is a disagreement. What would be the outcome? A. Buyer and seller would not have an agreement. B. Buyer and seller would have an agreement: contract would be considered to be a shipment contract. C. Buyer and seller would have an agreement: contract would be considered to be a destination contract. D. Buyer and seller would have an agreement: the shipping terms would be determined by the UCC gap-filler provisions

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Advanced Audit And Assurance Study Text

Authors: KAPLAN

1st Edition

178740398X, 978-1787403987

More Books

Students also viewed these Accounting questions