Question: It is important to identify a contract because it includes both goods and services. If the sale of goods dominates the contract, then it will

It is important to identify a contract because it includes both goods and services. If the sale of goods dominates the contract, then it will be however, if services dominate the contract, then it will be governed by

blended; common law, UCC Article

2

blended, CISG; common law

hybrid; UCC Article

2,

common law

hybrid; common law, Restatement of Contracts

It is important to identify a contract because it includes both

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!

It is important to identify a contract because it includes both goods and services. If the sale of goods dominates the contract, then it will be however, if services dominate the contract, then it...

It is important to identify a ________ contract because it includes both goods and services. If the sale of goods dominates the contract, then it will be governed by ________; however, if services...

QUESTION 1 The Bill of Lading is an important document for an international transaction. Which of the following statements about the Bill of Lading is NOT correct: a.The holder of a properly endorsed...

QUESTION 1 The principal has a right to avoid any contract entered into with the agent if an agent breaches the agency agreement or duties under a contract. O True O False QUESTION 2 A negotiable...

Instructions On January 1, 2019, Loud Company enters into a 2-year contract with a customer for an unlimited talk and 5 GB data wireless plan for $64.00 per month. The contract includes a smartphone...

Instructions On January 1, 2019, Loud Company enters into a 2-year contract with a customer for an unlimited talk and 5 GB data wireless plan for $70.00 per month. The contract includes a smartphone...

On January 1, 2017, Loud Company enters into a 2-year contract with a customer for an unlimited talk and 5 GB data wireless plan for $65 per month. The contract includes a smartphone for which the...

General Journal Prepare the journal entry to record the cash received for the monthly service plan on July 1. Additional Instruction PAGE 1 GENERAL JOURNAL DATE ACCOUNT TITLE POST. REF DEBIT CREDIT...

On January 1, 2017, Loud Company enters into a 2-year contract with a customer for an unlimited talk and 5 GB data wireless plan for exist65 per month. The contract includes a smartphone for which...

need help, the red areas are wrong and I am sooo lost. Instructions On January 1, 2019, Loud Company enters into a 2-year contract with a customer for an unlimited talk and 5GB data wireless plan for...

Post the journal entries for the following transactions: a. Sold merchandise for cash, $24,620. The cost of merchandise sold was $14,770. b. Sold merchandise on account, $10,860. The cost of...

Name and describe the three most important measures of center.

2 5 of 4 0 1 Mark ( s ) TRUE OR FALSE The client should always be encouraged to bathe as much of his / her body as he / she can safely reach: True False Prev

Premise: Using a dictionary and list, create a set of key / value pairs that consists of a musical database. The key / value pairs should consist of Artist Name: Song Names pattern. For example, EACH...