subject
Business, 17.07.2020 16:01 andaws21

A large farming concern in the Midwest contracted with a pet food manufacturer to deliver 100 tons of processed cornmeal no later than November 15. The purchase price and delivery terms were specified in the contract, which permitted partial shipments. On November 1, the farming concern delivered 50 tons of cornmeal to the pet food manufacturer with the notification that the balance would be shipped by November 15. The pet food manufacturer rejected the shipment because the written documentation accompanying the shipment did not establish that the cornmeal came from an approved source, as required by the contract. The farming concern responded to this rejection by conceding that the shipment did not conform to the contract and promising to deliver all 100 tons of cornmeal by November 15 with proper documentation. Which of the following best expresses the pet food manufacturer's options?
A. The pet food manufacturer may notify the farming concern that the entire contract is terminated and that it is going to obtain the 100 tons of cornmeal from another source.
B. The pet food manufacturer may notify the farming concern that the contract is terminated as to the 50 tons of cornmeal that was shipped and did not conform to the contract, but must accept the additional 50 tons when it is shipped if it conforms to the contract.
C. The pet food manufacturer must allow the farming concern a commercially reasonable time to ship cornmeal that conforms to the contract before it can terminate the contract.
D. The pet food manufacturer must allow the farming concern until November 15 to ship cornmeal that conforms to the contract before it can terminate the contract.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:20
Which of the following areas provides residents with close access to high-paying jobs and cultural attractions? a. the suburbs b. exurbs c. rural areas d. the city 2b2t
Answers: 3
question
Business, 22.06.2019 13:50
When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars
Answers: 2
question
Business, 22.06.2019 17:20
Arecession is defined as a period in which
Answers: 1
question
Business, 22.06.2019 20:00
During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above
Answers: 3
You know the right answer?
A large farming concern in the Midwest contracted with a pet food manufacturer to deliver 100 tons o...
Questions
question
Mathematics, 31.10.2019 19:31
question
Mathematics, 31.10.2019 19:31
question
Mathematics, 31.10.2019 19:31
question
Mathematics, 31.10.2019 19:31
Questions on the website: 13722367