User Account

All Pages

Consumer and pedro sues him for breach of contract

Assignment Help Business Management
Reference no: EM131104734

Joshua, a merchant, promises in a signed writing to Pedro, a consumer, to hold an offer to sell goods open for five months. However, Joshua sells the goods to another consumer and Pedro sues him for breach of contract. Which of the following is true of this case?

1) Joshua is not bound by the contract since the firm offers cannot exceed three months.

2) Since Joshua is a merchant and is bound by the firm offer made to Pedro, he has breached the contract.

3) The UCC will not enforce this contract as a firm offer as both parties are not merchants.

4) Joshua is bound by this offer only if a five month offer is customary for this type of good.

Reference no: EM131104734

Questions Cloud

Prepare a partial income statement for green day beginning : Green Day Corporation had income from continuing operations of $12,600,000 in 2004. During 2004, it disposed of its restaurant division at an after-tax loss of $189,000.
Identify the economic resources agents and economic events : Identify the economic resources, agents, economic events and at least one cardinality relationship that would be included in the REA diagram for the sales process?
Determine the dpmo for triplespoke ccr : TripleSpoke received 1,000 custom bike orders last month. Of those 1,000 orders there were 135 orders that were not delivered on time within the 25-day window. From this data, determine the DPMO for this TripleSpoke CCR.
Calculate the amount of return you would earn : Calculate the amount of return you would earn if the $12,000 were invested for one year at 5%. Calculate the net amount of return you would earn if $3,000 were borrowed at a cost of 15%, and then $15,000 were invested for one year at 8%.
Consumer and pedro sues him for breach of contract : Joshua, a merchant, promises in a signed writing to Pedro, a consumer, to hold an offer to sell goods open for five months. However, Joshua sells the goods to another consumer and Pedro sues him for breach of contract. Which of the following is tr..
Describe the characteristics quality uses limitations : Describe the characteristics, quality, uses, limitations and defects associated with the resources in relation to: -bricks, blocks, mortars, frames, insulation, dpc, lintels, fixings, ties, hand tools and equipment?
A chemical company produces two chemicals : A chemical company produces two chemicals, denoted by 0 and 1, and only one can be produced at a time. Each month a decision is made as to which chemical to produce that month.
Prepare a single step income statement for the year ended : Turner Corporation had net sales of $2,400,000 and interest revenue of $31,000 during 2004. Expenses for 2004 were: cost of goods sold $1,250,000; administrative expenses $212,000; selling expenses $280,000; interest expense $45,000.
What are samantha legal rights : Samantha purchased a used computer system from Office Rental Inc. who was updating its computers. Later Big Bank asserted the right to repossess the used computer system from Samantha since it had a lien on all of Office Rental's business equipmen..

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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