BUSN 420 Week 5 Quiz

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BUSN 420 Week 5 Quiz

  1. (TCO 5) USA Farms offers to sell Valu Bakeries, Inc., fifty bushels of wheat. Valu’s representative Wendy responds, “We agree to buy fifty bushels only if the wheat is Grade A quality.” Wendy’s statement is
  2. (TCO 5) Equipt Rental Corporation and Family Custodial Service, Inc., are parties to an oral agreement for a lease of goods with payments in excess of $10,000. They may satisfy the Statute of Frauds by
  3. (TCO 5) Kimberly Inc., a jewelry store, and JKCent, a retailer, draft a contract that permits JKCent to retail Kimberly’s jewelry in its stores. However, the parties discover a minor clerical error six months into the contract and the court rewrites their contract. This is an instance of _____.
  4. (TCO 5) Jessica wants to buy a laptop from the Tenn Computers website. busn 420 week 5 quiz Before confirming the purchase, the website asks her to provide biometric identification using an electronic scanner. This is an example of _____.
  5. (TCO 5) Bild-Rite, Inc., is a Colorado-based firm that does business with clients throughout North America. Bild-Rite oversees construction projects, and buys and sells commercial buildings, undeveloped land, and construction supplies and other goods. Bild-Rite has had to deal with work-site theft and vandalism. With respect to these circumstances, the Uniform Commercial Code (UCC) provides a framework for
  6. (TCO 6) A failure of the Federal Bureau of Investigation to comply with a request under the Freedom of Information Act (FOIA) may be challenged in
  7. (TCO 6) PlastixProdux Company is subject to a decision by the Consumer Product Safety Commission. Opposed to the decision, PlastixProdux wants a court to review it. First, however, the firm must use all of the potential administrative remedies. This is busn 420 week 5 quiz
  8. (TCO 6) Before adopting new regulations to govern Internet-based phone services, the Federal Communications Commission may not
  9. (TCO 5) Grill deals in the repair and sale of new and used clocks. West brought a clock to Grill to be repaired. One of Grill’s clerks mistakenly sold West’s clock to Hone, another customer. Under the Sales Article of the UCC, will West win a suit against Hone for the return of the clock?
  10. (TCO 5) Under the Sales Article of the UCC, which of the following events will release the buyer from all its obligations under a sales contract?