Connie is starting a new business she contacts ellen by

Assignment Help Accounting Basics
Reference no: EM13597218

Connie is starting a new business. She contacts Ellen by phone and orders a month's worth of stock. Ellen has a standard contract she faxed to Connie, asking her to fill it out and fax it back so she can put the order through immediately. Connie receives the contract but has a few changes with the number of items of each color to be shipped and the method of shipping. She makes the changes, includes her finance information, and faxes the contract right back. Ellen never carefully looks at the changes and begins shipping the stock Connie ordered right away. Connie calles Ellen complaining about the colors of stock she has received and the method of shipping. Ellen says she never agreed to the changes and if Connie insists on the changes, there's no contract. Is there a contract? Why or why not? If there is, what are the terms?

Reference no: EM13597218

Questions Cloud

Wasson widget company is contemplating the production and : wasson widget company is contemplating the production and sale of a new widget. projected sales are 187500 or 75000
Management of the catering company would like the food : management of the catering company would like the food division to transfer 10000 cans of its final product to the
Littlejohn inc produces a subassembly used in the : littlejohn inc. produces a subassembly used in the production of hydraulic cylinders. the subassemblies are produced in
A supplier is offering your firm a cash discount of 2 : a supplier is offering your firm a cash discount of 2 percent if purchases are paid for within ten days otherwise the
Connie is starting a new business she contacts ellen by : connie is starting a new business. she contacts ellen by phone and orders a months worth of stock. ellen has a standard
Assume that you have been offered cash discounts on : assume that you have been offered cash discounts on merchandise that can be purchased from either of two suppliers.
On october 1 2006 fisher corp acquired 200 shares 5 of : on october 1 2006 fisher corp. acquired 200 shares 5 of wychek inc. stock for 25 per share. on december 1 2006 fisher
The information needs of a specific user of financial : the information needs of a specific user of financial accounting information depends upon the kinds of decisions that
Ron benson is an new production manager after a great deal : ron benson is an new production manager. after a great deal of effort including considerable market research he

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd