How would you define unconscionability and good faith

Assignment Help Operation Management
Reference no: EM132082318

The UCC establishes two overriding regulatory requirements on all sales transactions: unconscionability and good faith. If you were redrafting the Code, how would you define "unconscionability" and "good faith"? Support your initial response with a positive or negative, personal or shared experience involving a merchant acting out of unconscionability or good faith, or lack thereof.

Reference no: EM132082318

Questions Cloud

At what price will the bonds issue : Ultimate Butter Popcorn issues 7%, 15-year bonds with a face amount of $41,000. The market, interest rate for bonds of similar risk and maturity risk.
Primary audience and secondary audience : Explain the difference between the primary audience and the secondary audience.
How much will wong have accumulated in the savings account : Ub Wong plans to make quarterly deposits of $200 for 5 years into a savings account. The deposits will be made at the end of each quarter.
What is the rms speed of the dust particles : What is the rms speed of the dust particles? 1 m = 106µm. Answer in units of mm/s.
How would you define unconscionability and good faith : If you were redrafting the Code, how would you define "unconscionability" and "good faith"?
What is the volume of water required to store energy : One cubic foot of water can store 312 Btu of thermal energy. On a cold winter day a well-constructed home may require 100,000 Btu of nighttime space heating.
What amountis reported for depreciation and or amortization : Describe where Net Income is shown on the Statement of Cash Flows and state the amount. Refer back to the Income Statement to verify the amounts reported.
Also what would then be the actual efficiency : What would the ideal (Carnot) efficiency be? Also what would then be the actual efficiency?
What relationship can you see between this writing and work : How did their expectations for their life differ from general society's expectations for the lives of women during this period?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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