Question

In: Accounting

4.A buyer’s right to inspect goods a.must be promptly exercised. b.is absolute (except for C.O.D. shipments)....

4.A buyer’s right to inspect goods

a.must be promptly exercised.

b.is absolute (except for C.O.D. shipments).

c.applies only to goods purchased for cash and not on credit.

d.must be exercised by the buyer and not the buyer’s agent.

5.The perfect tender rule requires

a.a complete “meeting of the minds” of the contracting parties.

b.that a seller or lessor deliver goods in conformity with every detail of the contract between the parties.

c.that goods delivered by a seller or lessor be without defect.

d.is a common law principle of contracts not recognized by the UCC.

6. In a disparate impact employment discrimination case

a.a plaintiff must initially prove discrimination based on employment statistics.

b.a plaintiff must initially prove prior acts of discrimination by the employer.

c.the initial burden of proof is on the employer to show no discrimination.

d.a plaintiff must initially show a prima facie case of discrimination.

7.Under the principle of respondeat superior

a. a principal is vicariously liable for any harm caused to a third party by the principal’s agent acting within the scope of the agent’s employment.

b.an agent is answerable to his/her principal for the agent’s conduct.

c.an agent is held to a high standard of loyalty owed to his/her principal.

d.an agent is entitled to compensation from his/her principal unless the agency is expressly stated in writing to be gratuitous.

Solutions

Expert Solution

4.A buyer’s right to inspect goods

Answer a.must be promptly exercised.

5.The perfect tender rule requires

Answer-b.that a seller or lessor deliver goods in conformity with every detail of the contract between the parties.

6.In a disparate impact employment discrimination case

Answer-b.a plaintiff must initially prove prior acts of discrimination by the employer

7.Under the principle of respondeat superior

d.an agent is entitled to compensation from his/her principal unless the agency is expressly stated in writing to be gratuitous.


Related Solutions

A buyer’s right to inspect goods a.must be promptly exercised. b.is absolute (except for C.O.D. shipments)....
A buyer’s right to inspect goods a.must be promptly exercised. b.is absolute (except for C.O.D. shipments). c.applies only to goods purchased for cash and not on credit. d.must be exercised by the buyer and not the buyer’s agent
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