BUSINESS HIGH SCHOOL

Business Rental Corporation (BRC) and Cartage Trucking Companyenter into a contract for a lease of ten hydraulic lifts. Under theperfect tender rule, BRC must ship or tender goods to the lessee thata.approximately conform to all of the details of the contract.b.entirely conform to the contract except in one or two details.c.exactly conform to the contract in every detail.d.substantially conform to the contract in most details.

Answers

Answer 1
Answer:

Answer:

c. exactly conform to the contract in every detail.

Explanation:

Under the perfect tender rule, BRC must ship or tender goods to the lessee that exactly conform to the contract in every detail.

The Perfect Tender rule is a term that refers to the legal right a buyer to insist that the goods purchased conform precisely to the product description in quality, quantity, and manner of delivery. If the goods fail to conform to the description, the buyer may legally reject the goods offered.

Related Questions

Robert Fulton's invention of the _____ greatly increased trade and provided for faster shipping of goods.
Whats the difference between the salary and hourly calculator? pleaseeee helpp
In 2010, Tara used $50,000.00 from funds she had invested in certificates of deposit as a down payment to buy a house. What function did this portion of her investments serve when she made the down payment?A. unit of exchange.B. medium of exchange.C. store of value.D. unit of account.
Ryan is looking to buy a used car. He seems to be most concerned with the color and style of the car, and uses those criteria as a basis for evaluating the value of the car, rather than considering how well the engine or the transmission is maintained. This is an example of:A. confirmation bias.B. availability bias.C. anchoring bias.D. overconfidence bias.E. framing bias.
All of the following are reasons to obtain your credit report periodically EXCEPT: A. There isn't a good reason to obtain your credit report—it's for lenders. B. You need to know your credit worthiness. C. You can find out if fraudulent debt is appearing in your name. D. You can find out if erroneous data is appearing.

Which of the following best explains the quote below in terms of political propaganda?"There is nothing more terrifying than ignorance in action." -Goethe

A. Goethe meant that politics is a terrible profession.

B. Goethe meant that it is terrifying to be inactive.

C. Goethe meant that if you plan to be involved in politics then you should get an education.

D. Goethe meant that people who speak out about political issues should thoroughly understand the issues they are taking about.

Answers

Answer:

D. Goethe meant that people who speak out about political issues should thoroughly understand the issues they are talking about.

Explanation:

Political propaganda refers to information that is used to influence people to think in a certain way in respect to politics. So, when Goethe says that "there is nothing more terrifying than ignorance in action" when talking about political propaganda he means that when people shares information about politics when they don't know about the subject, this is dangerous because they can cause conflict by making people believes things that are not true. Because of this, the answer is D.
D. Goethe meant that people who speak out about political issues should thoroughly understand the issues they are taking about.

Select the three categories into which internal influences can be divided.1.) culture
2.) competition
3.) management
4.) customer behavior
5.) governmental policies
6.) physical plant
7.) societal changes

Answers

the answers are

1) culture

3) management

6) physical plant.

People might file for bankruptcy for all the following reasons except

Answers

declaring bankruptcy can also be expensive and time-consuming, and have a huge impact on your credit store. This, in turn, can have far-ranging effects on other aspects of your life, such as buying a new car or home, or even applying for jobs. Also, waiting to declare bankruptcy until you are completely broke can actually work against you.

Warner Furniture Center had accounts receivable of $ 26 comma 000 at the beginning of the year and $ 55 comma 000 at​ year-end. Revenue for the year totaled $ 118 comma 000. How much cash did the business collect from​ customers?

Answers

Answer: $89,000

Explanation: Cash collected from customers is the is the total amount of money paid by the those customers who purchased the commodity on credit previously.

Cash collected can be calculated using following formula :-

cash collection =  opening receivables + revenue - closing receivables

putting the values into above equation, we get :-

cash collection = $26,000 + $118,000 - $55,000

                           = $89,000

Assume that the Fitzgerald Corporation uses the indirect method to depict cash flows. Indicate where, if at all, a stock dividend declared and issued would be classified on the statement of cash flows. a. Does not represent a cash flow.
b. Financing activities section.
c. Investing activities section.
d. Operating activities section.

Answers

Answer:

b. Financing activities section.

Explanation:

Paid dividends are part of the financing activities of a cash flow statement since they affect the company's paid in capital. This section also includes any stocks issued or repurchased, as well as any changes in the company's long term debts. The company's statement of cash flows generally begins with operating cash flows, then investing cash flows and finally financing cash flows.

On December 30 of the current year, Azrael, Inc., purchased a machine from Abiss Corp. in exchange for a noninterest-bearing note requiring eight payments of $20,000. The first payment was made on December 30, and the others are due annually on December 30. At date of issuance, the prevailing rate of interest for this type of note was 11%. On Azrael's current year December 31 balance sheet, the note payable to Abiss was A. $94, 244 B. $114, 244 C. $102, 922 D. $104, 611

Answers

Answer:

A) $94, 244  

Explanation:

The agreement required 8 installment payment of $20,000 each, the first one was due on the same day the agreement was made (December 30). The December 31 balance account of the note payable equals the present value of the 7 remaining payments:

the present value factor of an ordinary annuity for 7 years ans 11% interest rate = 4.712

so the present value of the note payable = $20,000 x 4.7122 = $94,244
Other Questions
Ewa signs an instrument unconditionally promising to pay to "Sunny State Bank" $5,000 with interest in installments with the final payment due June 1, 2013. Refer to Fact Pattern 24-2B. The instrument that Ewa signed is most likely
Jan pays $70 each month for her auto insurance policy. This regular payment is called a.
Ricardo wants to buy a new tablet that costs $1,150. he will make a down payment of $250 and will make monthly payments of $50. write an equation in slope-intercept form that ricardo can use to determine how much he will own after n months.
The owner of a house purchased a new home but decided to keep his old residence for a few months until the real estate market improved. He rented it to a tenant with the understanding that the tenant might have to move out in a few months if the house was sold. The tenant paid the owner the agreed rent of $100 per week every Friday. During the next few months, the owner's business suffered serious setbacks so he decided to sell his new home and move back into his old one. He informed the tenant that he would have to vacate the old home, but the tenant refused to vacate and tendered the $100 rental payment the following Friday, which the owner refused to accept. The owner immediately filed suit to eject the tenant. The jurisdiction requires that a statutory written notice be served on any tenant whose term is for less than month-to-month or is not for a fixed term at least three days prior to commencement of eviction proceedings. No written notice of any kind was given to the tenant. How should the owner characterize the tenant to gain immediate possession of his home