Sally wanted to replace the old carpet in her home. She entered into a contract with Good Carpet Co. for the purchase and installation of a new carpet. The price of the carpet was $3,000 and the cost of the labor to install the carpet was $150. Later Sally became dissatisfied with this transaction and wants to sue Good Carpet Co. Sally wants to apply the contract rules of the UCC, but Good Carpet Co. wants to apply the contract rules of the common law. Which source of law should govern this case?
A. The contract rules of the UCC apply, because the contract included the sale of goods.
B. The contract rules of the UCC apply, because the predominant purpose of the contract was sale of goods.
C. The contract rules of the common law apply, because the contract included services, which are governed by the common law.
D. The contract rules of the common law apply, because all contracts are governed by the common law.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Sally wanted to replace the old carpet in her home. She entered into a contract with Good Carpet Co. for the purchase and installation of a ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Describe one practical application of cost principles
Answers (1)
6. On February 1, Ann sends Bob a letter offering to employ Bob at Ann's auto dealership. On February 5, Bob mails Ann a letter accepting the offer. On February 6, Ann has a change of heart and calls Bob to revoke the offer.
Answers (1)
1. OSHA ensures that employees have the right to:
Answers (1)
The sticky-wage theory of the short-run aggregate supply curve says that the quantity of output firms supply will increase if a. the price level is higher than expected making production more profitable. b.
Answers (1)
Cash receipts for January are expected to total $171,000. Cash disbursements for January are expected to be $158,000. The company's minimum desired cash balance is $10,000. It started the period with $35,000.
Answers (1)
New Questions in Business
The internal rate of return is the: Select one: a. Discount rate that results in a zero net present value for the project. b. Rate of return required by the project's investors. c. Project's current market rate of return. d. None of these choices. e.
Answers (1)
Portable Pet Care, Inc., a mobile veterinary clinic, is planning for the future. The company owners (two seasoned veterinarians) have brought together the vice president of marketing and the director of information systems to talk about their
Answers (1)
Ocean Breeze Co. paid $500 cash for expenses related to advertising for the period. Which of the following shows how this event will affect the company's accounting equation?
Answers (1)
When a change in interest rates impacts the international value of the dollar limiting the effectiveness of fiscal policy, it is due to a. crowding out. b. crowding in. c. the slope of the AS curve. d. the net export effect. e. exogenous shocks.
Answers (1)
Managers who believe in Theory Y assume that workers dislike and avoid work if possible, so managers must use coercion, threats, and various control schemes to get workers to make adequate efforts to meet objectives A. True B. False
Answers (1)