Question: QUESTION 11 7 points Save Answer Barbara runs a hardware store. She agrees to sell Jordan a complete home mechanics set for $1,750 and they

QUESTION 11 7 points Save Answer Barbara runs a

QUESTION 11 7 points Save Answer Barbara runs a hardware store. She agrees to sell Jordan a complete home mechanics set for $1,750 and they sign a contract for the purchase. Unfortunately, there was a distraction during the negotiation process and the two never talked about pickup or delivery. The contract itself doesn't say anything about pickup or delivery. If Barbara and Jordan can't come to an agreement about this missing term in their contract, what's most likely going to happen under UCC Article 2? Remember - don't just tell me your answer. Tell me why it's your answer. For the toolbar, press ALT+F10 (PC) or ALT-FN+F10 (Mac). B 1 U S Paragraph Arial % Q 14px O WORDS POWERED BY TINY QUESTION 12 6 points Save Answer Mindy operates a tin mine on her property in Texas. After the tin is dug up, it's melted into one pound ingots. She uses some of the tin in her artwork, but she sells the majority of the tin to industrial buyers. On 7/15 Mindy sells $875,000 of tin to Mork. This purchase contract will be covered by: O 1. traditional or "common law" contract law because there is no UCC article that addresses the sale of tangible goods over $500. O2 traditional or "common law" contract law because this is dealing with intangible personal property. 3. Article 2 of the UCC because this is dealing with tangible personal property. 4. traditional or "common law" contract law because this is dealing with real property

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!