Question: According to the Uniform Commercial Code ( UCC ) , if the delivery term is left open in a contract for the sale of goods,

According to the Uniform Commercial Code (UCC), if the delivery term is left open in a contract for the sale of goods, Blank______.
Multiple choice question.
the contract is voidable at the election of either the buyer or the seller
the contract is void
the place for delivery is the seller's place of business
the place for delivery is the buyer's place of business

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Chapter 10 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Q:

Question 1 Bill downloaded an antivirus software from the Internet. Under the Uniform Commercial Code (UCC), the software is a: good. service. good-faith warranty. mixture of goods and services. 2...

Q:

Sally calls about an urgent issue with her catering company (Gravy Train, LLC) contract with the federal government. Her usual supplier was hospitalized and could not ship her weekly order needed to...

Q:

5.Juan contracts to sell Roman 100 pink teddy bears. The 100 pink teddy bears are located at Juan's business. The contract does not state a place of delivery. The place of delivery is c Roman's place...

Q:

1 Which of the following terms implies that the seller must make the goods available to the buyer during reasonable hours and for a reasonable period of time so that the buyer can take possession of...

Q:

1 Which of the following terms implies that the seller must make the goods available to the buyer during reasonable hours and for a reasonable period of time so that the buyer can take possession of...

Q:

1, According to the Uniform Commercial Code (UCC or Code), an oral contract for the sale of goods will not be enforceable if the total value of those goods is: A. More than $100. B. More than $500....

Q:

is an example of an illegal wager. Ii: :31 Stock transactions on a daily basis I: )1 Betting on the future performance of a stock Ii: :II Commodity transactions '1: :II Risk-shifting agreements The...

Q:

Answer the following questions. 21.When the offeror and offeree of a contract are mistaken as to the same material fact a.either party can rescind the contract at any time. b.both parties must agree...

Q:

1. Which of the following terms implies that the seller must make the goods available to the buyer during reasonable hours and for a reasonable period of time so that the buyer can take possession of...

Q:

Explain exceptions handling with syntax.

Q:

Ethical Partners are a new and emerging business that run organic food stores around Australia. Initially started in Melbourne, now they have 50 stores in major towns in six states. It sells all...

Q:

Why do you suppose accounting regulations require companies to report paper losses or gains from futures contracts in their financial statements?

Q:

What sort of personal protective equipment should be worn when working with caulking sealant in a well - ventilated area? Question 4 9 Select one: a . Wear nitrile or neoprene gloves. b . A NIOSH -...

Q:

Identify ways to increase your selfesteem.

Q:

2. Some people can benefit from multiple mentors. What other types of mentors, in addition to Professor Zubofff and her husband, might Edward find helpful?

Q:

3. When asked for advice for future entrepreneurs, Vickie Stringer said, Be patient, allow room for growth, build your company on a strong accounting system, and as always, dare to dream. How does...