Question: Regency Construction placed an order for two hundred 2 4 s from Lumber Jack, a seller of lumber. If the place of delivery and time

Regency Construction placed an order for two hundred 24 s from Lumber Jack, a seller of lumber. If the place of delivery and time for shipping the goods are not specified, the UCC provides:
the place of delivery is Regency Construction and the time for shipping is within 30 days.
the place of delivery is Lumber Jack's and the time for delivering the lumber is a reasonable time based on normal trade practice.
the place of delivery is Lumber Jack's and the time for delivering the lumber is within 30 days.
there is no contract because having more than one open term made the offer too indefinite.
Regency Construction placed an order for two hundred 24 s from

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:

1. Is Ms. Forresters choice of C 3 Behavior the best way to measure suppliers moving forward? If so, explain the benefits of using C 3 Behavior. If not, then provide another option and justify your...

Q:

9 a. c. d. 10 Regency Construction placed an order for two hundred 2 x 4s from Lumber Jack. If the place of delivery and time for shipping the goods are not specified, the UCC provides: the place of...

Q:

Please answer those questions The common law governs contracts for: a. services. b. real estate. c. employment. d. All of the above. When Myrtle comes home from work one evening, she nds that her...

Q:

Could you provide me with the necessary journal entries for each event from pages 9,10,11,12, and 13. while using the accounts listed on page 8. (Some events may not need journal entries) (Some...

Q:

Could you provide me with the necessary journal entries for each event from pages 9,10,11,12, and 13. while using the accounts listed on page 8. (Some events may not need journal entries) (Some...

Q:

How do you prepare the following journal entries needed after the beginning balance? Global Bike, Inc. 1a (Excel) 2015 WINT ACCY 310 - Accounting Systems Due, Monday, Jan 12, 8am Estimated time to...

Q:

I am having trouble getting my trial balance to match the balancing from my instructor. I will attach both the problem, the excel document I have been working on as well as the trail balance...

Q:

Please help! i have provided a template, check figs, instructions and what i have completed so far. Please double check mysheet to see if there's anything i'm missing from the entries i have...

Q:

fxa This assignment is a review of general financial accounting principles and procedures. In this assignment you will create general journal entries for a series of transactions . You may optionally...

Q:

This assignment is a review of general financial accounting principles and procedures. In this assignment you will create general journal entries for a series of transactions . You may optionally...

Q:

Please create Journal entries, trial balance, adjusted trial balance and close out the income statement accounts. I have given everything you need below. WIll give the thumbs up to the first person...

Q:

The probability W(n) that an event characterized by a probability p occurs n times in N trials was shown to be given by the binomial distribution N! W(n) (1) ni(N - n)1 P"(1 - p)- Consider a...

Q:

We know that the market should respond positively to good news and that good-news events such as the coming end of a recession can be predicted with at least some accuracy. Why, then, can we not...

Q:

Kindly help me with account question Crestwood Industries has an overhead application rate of 162% and allocates overhead based on direct material cost. During the current period, direct labor cost...

Q:

Free cash flow valuation You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating $ 4 2 , 7 0 0 of free cash flow ( F C F 0 = $ 4 2 ,...