Question
No eplanations needed. Just the correct answer Buyer who refuses to accept delivery of conforming goods is obligated to pay damages under Article 2 for
No eplanations needed. Just the correct answer
Buyer who refuses to accept delivery of conforming goods is obligated to pay damages under Article 2 for a breach of contract if:
Select one:
a.the seller delivered conforming goods to the buyer
b.the seller delivered goods to an independent carrier and carrier has delivered to the buyer
c.the seller delivered the goods to an independent carrier
d.the seller delivered conforming goods to the buyer or delivered goods to an independent carrier that delivered to the buyer
e.the seller delivered conforming goods to the buyer or delivered the goods to an independent carrier
The _______________ is a guaranty that the person selling the goods has the right to do so.
Select one:
a.warranty of title
b.warranty of merchantability
c.implied warranty of fitness
d.express warranty
e.warranty of goods
The main difference between a C Corporation and an S Corporation is:
Select one:
a.the C Corporation is subject to corporate income tax and double taxation.
b.the C Corporation can only have 35 shareholders.
c.the S Corporation is subject to corporate income tax and double taxation.
d.there are no differences other than the number of allowed shareholders.
Before an entrepreneur commits to become a franchisee of a franchise:
Select one:
a.she should conduct a due diligence review of the franchise.
b.she must hire an experienced staff.
c.she should review the state requirements for a franchise.
d.she should meet with a government official to review the franchise agreement.
If you are starting your own business, one of the first things you should do is to develop:
Select one:
a.a list of expenses.
b.a weekly schedule.
c.a Business Plan.
d.great relationships with your suppliers.
The main difference between a General Partnership and a Limited Partnership is:
Select one:
a.that the general partner in a Limited Partnership receives all the profits.
b.that the Limited Partnership has limited partners who are shielded from liability.
c.that a General Partnership cannot enter into contracts without a unanimous vote of the partners.
d.that a General Partnership has limited partners who are shielded from liability.
Gena owns Gena's Gourmet Pasta. Gena borrowed $350,000 from First Fidelity Bank.
Assume that Gena pledges to Fidelity that if she is unable to meet her monthly repayment obligations the bank may take her pasta machines. The pasta machines may be best described as:
Select one:
a.principal
b.equity
c.leveraged equity
d.collateral
e.a guarantor
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