When the parties have not expressly agreed otherwise, Article 2 of the Uniform Commercial Code acts to __________ missing or open terms in a contract for the sale of goods between merchants.

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Answer 1

Article 2 of the Uniform Commercial Code acts to fill in missing or open terms in a contract for the sale of goods between merchants.

What is contract?

Contract refers to the agreement between the two parties which is enforceable by the law. The contract must include the monetary conditions and free will of both the parties.

Article 2 of the Uniform Commercial Code acts governs the sale of the goods which provides the rules no been mentioned in the contract by the parties in the written contract.

Thus the act provides the default rules and the gap fillers in the missing or open terms in a contract for the sale of goods between merchants.

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Related Questions

_____ refers to training, formal education, job experiences, relationships, and assessments of personality, skills, and abilities that help employees prepare for future jobs or positions.

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Developments refers to training, formal education, job experiences, relationships, and assessments of personality, skills, and abilities that help employees prepare for future jobs or positions.

Why is development impossible?

it is important because it makes a employee relevant.

To attain certain height in an individual career development is important to avoid being stagnant

Therefore, Developments refers to training, formal education, job experiences, relationships, and assessments of personality, skills, and abilities that help employees prepare for future jobs or positions.

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What are concerns of risk of Sovereignty? Include some examples. ​

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The potential that a nation's government will default on its sovereign debt by failing to meet its interest or principal payments.
Ex. The government going in debt
(Bob is part on the government enforcement he invests in a company, the country decides to nationalize the business making the investment worthless, unless there is reasonable compensation made to the investors.)

Scattergraph, High-Low Method, and Predicting Cost for a Different Time Period from the One Used to Develop a Cost Formula Farnsworth Company has gathered data on its overhead activities and associated costs for the past 10 months. Tracy Heppler, a member of the controller's department, has convinced management that overhead costs can be better estimated and controlled if the fixed and variable components of each overhead activity are known. One such activity is receiving raw materials (unloading incoming goods, counting goods, and inspecting goods), which she believes is driven by the number of receiving orders. Ten months of data have been gathered for the receiving activity and are as follows: Month Receiving Orders Receiving Cost 1 1,000 $18,000 2 700 15,000 3 1,500 28,000 4 1,200 17,000 5 1,300 25,000 6 1,100 21,000 7 1,600 29,000 8 1,400 24,000 9 1,700 27,000 10 900 16,000 Required: 1. On your own paper, prepare a scattergraph based on the 10 months of data. Based on this, does the relationship appear to be linear? 2. Using the high-low method, select a cost formula for the receiving activity. Using the cost formula, what is the predicted cost of receiving for a month in which 1,450 receiving orders are processed? $fill in the blank 3 3. Prepare a cost formula for the receiving activity for a quarter. Based on this formula, what is the predicted cost of receiving for a quarter in which 4,650 receiving orders are anticipated? $fill in the blank 4 Prepare a cost formula for the receiving activity for a year. Based on this formula, what is the predicted cost of receiving for a year in which 18,000 receiving orders are anticipated?

Answers

The relationship  is non linear and the cost formula is: $6,600 + ($12 x number of receiving orders) and the predicted cost is $24,000.

Cost formula

1. The relationship of the a scatter-graph is non linear.

2. Cost formula

Cost formula for the receiving activity= $6,600 + ($12 x number of receiving orders)

3. Predicted cost

Predicted cost= $6,600 + ($12 x Number of receiving orders)

Where:

Number of receiving order=1,450

Hence:

Predicted cost=($6,600 + $12 x 1450)

Predicted cost=$6,600+$17,400

Predicted cost= $24,000

Therefore the relationship  is non linear and the cost formula is: $6,600 + ($12 x number of receiving orders) and the predicted cost is $24,000.

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Vietnam is the ___ largest exporter of coffee, accounting for about 10. 5% of the world’s export?.

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Vietnam is the exported 5th largest largest exporter of coffee, accounting for about 10. 5% of the world’s exports.

What is Exportation?

Exportation can be regarded as the process of moving goods and services from one country to another with the aim of trading.

Therefore, in term of exportation of goods and services, Vietnam is one of the country that export coffee in the world and it serves as their major export.

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How does the Competition Commission regulate competition in South Africa?
(

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In South Africa, the Competition Commission regulates competition by monitoring restrictive business activities and regulating the mishandling of positions and the mergers of entities.

What is Competition Commission?

Competition Commission is an independent authority established under the Competition Act of the year 1998.

Competition Commission was established in the country of South Africa in order to promote healthy competition. It can be resulted in providing goods to consumers at competitive costs with varied products and initiates adaptability, enhancing efficiency and the development of the economy.

Therefore, the regulation of business practices and the mergers are the ways in which Competition Commission regulates the Competition.

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Question number 1) at millions of dollars per ad, the super bowl is by far the most expensive television media program. the video suggests that this high expense can be well worth it for companies because __________________________.

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Answer:

Why has my town experienced record-breaking cold and snowfall if the climate is warming? Is there scientific consensus that people are causing today's climate change? Do natural variations in climate contribute to today's climate change?

What are messages that a company sends to clients to tell them of its services or products or remind them of benefits they can attain by doing business with the company

Answers

External-informational messages are the messages that a company sends to clients to tell them of its services or products or remind them of benefits they can attain by doing business with the company.

What are External-informational messages?

This can be the way of sending messages or information from a business to people that are outside the business environment.

The message that is sent is meant solely for the external environment and not for the people within.

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__________are networks of independent companies, suppliers, customers, and manufacturers connected via information technologies so that they can share skills and costs and have access to each other's markets.

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The complete statement reads "Virtual organization networks of independent companies, suppliers... " This is further explained below.

What is a virtual organization?

Generally, the virtual organization is simply defined as

In conclusion, Using information technology, a virtual organization is a network of independent enterprises, suppliers, consumers and manufacturers that may pool talents and expenses and get access to one other's markets via the sharing of information.

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When you start at a new job, what are two documents that you will fill out?.

Answers

Answer:

I-9Form of identification or financial form(e.g. direct deposit form, benefits enrollment form, W-4)

Which type of people should be chosen to form the project team?

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Answer:

which tipe of team...............

Cynthia is interested in investing in clothing unlimited inc. which attribute from the stock quote can cynthia use to determine how the stock has performed over the past year? a. current price b. net change c. open price d. positive or negative result for the one-year change e. previous close price

Answers

The data on the positive or negative result for the one-year change is the most important data from the stock quote that Cynthia can use to determine how the stock has performed over the past year.

What is a stock quote?

This refers to the price of a stock as it is being quoted in decimals on an stock exchange.

The data on the positive or negative result for the one-year change is the most important data from the stock quote to use.

Therefore, the Option D is correct.

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Working proactively to ensure that your physical place of business is (1) free of potential hazards and (2) ________ will prevent on-premises injuries and violations of EEOC or OSHA rules.

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Companies working Proactively just to ensure that the physical place of business is free 1. free of potential hazards and 2. secure from intruders will prevent on-premises injuries and violations of EEOC or OSHA rules.

What do you know about OSHA rules?

The Occupational Safety and Health Administration is a huge regulatory employer of the USA Department of Labor that in the beginning had federal visitorial powers to check out and study workplaces.

Thus, the correct fill-in-the-blank here will be secure from intruders.

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What is the relationship between costs of materials and distribution channels?

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Answer:

A distribution channel is the set of steps it takes for a product to get in the hands of the key customer or consumer. Distribution channels can be direct or indirect. Distribution can also be physical or digital, depending on the kind of business and industry.

Explanation:

Question 1 of 10
What is one advantage of a trade school education?
A. You can postpone getting a job longer.

Answers

One advantage of a trade school education is that there is easier access to courses and specialized knowledge.

What is a Trade School Education?

This refers to the type of education where some technical skills are taught to students to be knowledgeable in certain tradecrafts and occupations.

Hence, we can see that based on the fact that this is post-secondary education, it gives the students the added edge of getting access to skills and specialized knowledge.

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Answer: It is less costly than attending a four-year college.

Explanation:

In what way does a cost center differ from either an investment center or a profit center? Select one: A. Cost centers are a much less common component of current business organizations, given the increased emphasis on value chain analysis. B. A cost center is always smaller than either an investment center or a profit center. C. A cost center recognizes neither revenues nor computes income. D. Both A and B are correct.

Answers

Answer:

C. A cost center recognizes neither revenues nor computes income

conduct a research in your community on the negative Impact of strikes as socio-economic issue on businesses ​

Answers

To conduct research in your community on a topic you can use either qualitative or quantitative research methods.

What is qualitative research?

It corresponds to a more comprehensive and subjective approach to the investigation of social phenomena. As it is an exploratory research, different means of data collection can be used, such as interviews.

Therefore, if you are going to use the interview method, it is essential to organize a well-structured script to achieve the expected solution.

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Wich of the following accounts is credited after the sale of a fully depreciated asset

Answers

Answer:

Relevant asset account is credited

What is the organizational structure for an supermarket?

Answers

Answer:

An array of repeat customers grouped in various local areas, A chain of retail stores, various transportation systems,  A set of warehouse distribution centers, and An array of product suppliers under contract.

Explanation: In carrying out its function, a supermarket business acquires and assembles a wide assortment of goods from individual suppliers, then organizes and distributes them as-needed to a chain of retail stores for sale to local customers.

who is the fastest typist ever recorded and how many words per minute did she type?

Answers

Explanation:

The fastest typist ever recorded is Stella Pajunas-Garnand.

She typed 216 words in a minute.

She's from Chicago, US.

Giorgio had cost of goods sold of $9,101 million, ending inventory of $2,089 million, and average inventory of $1,900 million. Its inventory turnover equals: Multiple Choice 0.21. 4.36. 4.79. 76.2 days. 83.8 days.

Answers

Based on the scenario given above, the inventory turnover equals 4.79. Check more about the term below.

What is inventory?

Inventory is a term that is used for all items, goods, and materials held by a business that are meant to be sold in the market to get a profit.

Based on the scenario given above, since Giorgio  had cost of goods sold of $9,101 million, ending inventory of $2,089 million, and average inventory of $1,900 million. Its inventory turnover equals, the inventory turnover equals 4.79.

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In December there is a large demand for evergreen trees. They are sold on city corners and parking lots for Christmas. According to the law of supply, what scenario would you expect to see with the Christmas trees

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The scenario that will be expected to see with the Christmas trees is the increase in the supply and prices of the trees since October.

What is the law of supply?

The law of supply is a principle of microeconomics that states that when the price of an item or service rises, so the quantity of service that the company gives will also increase, and vice versa.

According to the law of supply, prices come down when supply increases for an item or service. When the price got declines of a product then the quantity provided also reduces.

Therefore, an increase in the prices and supply of the trees two months before to provide an adequate amount of supply as the demand is high.

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Jerica wants to watch videos about careers in the construction field. which resource would be most helpful for this? careeronestop o*net the bls the sba

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The resource would be most helpful for this careeronestop hence option A is the correct answer.

What is Careeronestop?

Careeronestop is an online tool that seeks to help job seekers and the unemployed get the right information they need about their next job or the job they are about to apply to.

Careeronestop provides resources ranging from videos, training, and workshops.

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Suppose a self-regulating economy is in a recessionary gap at the time the Fed enacts expansionary monetary policy. Furthermore, suppose the Fed is able to enact expansionary monetary policy in such a precise way that the economy moves from a recessionary gap into long-run equilibrium, if there are no other changes in the economy. The combination of expansionary monetary policy and a self-regulating economy will cause

Answers

The combination of expansionary monetary policy and a self-regulating economy will cause real GDP will rise to the level above natural real GDP and the recessionary gap would hence turn into an inflationary gap situation.

What do you mean by monetary policy?

Monetary Policy refers to the control of the quantity of money available in an economy through which new money is supplied.

The self-regulating economy experiences a recessionary gap. The real GDP is less than the level of natural real GDP. The gap is been corrected by the rightward shift in the short-run aggregate supply curve.

Due to interplay, real GDP will rise to the level above natural real GDP and the recessionary gap turn into an inflationary gap.

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After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March:Cost Formula Actual Cost in MarchUtilities $16,700 plus $0.15 per machine-hour $ 21,650Maintenance $38,100 plus $2.00 per machine-hour $ 73,900Supplies $0.40 per machine-hour $ 8,200Indirect labor $95,000 plus $1.20 per machine-hour $ 121,100Depreciation $67,900 $ 69,600During March, the company worked 19,000 machine-hours and produced 13,000 units. The company had originally planned to work 21,000 machine-hours during March.Required:1. Calculate the activity variances for March.2. Calculate the spending variances for March.

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Answer:

very long question and not clear

How does accenture help companies harness the power of data to achieve optimal business outcomes?.

Answers

The things that are implemented by Accenture to ensure the reliability of their data are data governance and management policies.

What is data governance?

Data governance simply means the collection of tools, processes, standards, policies, etc. which ensure the efficient and effective use of information in an organization.

Data governance and management policies are used by the company for the efficient use of information. Also, the use is strong authentication in order to access sensitive data is needed to ensure privacy.

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Kendall Wong has a car to sell and advertises it online. Several potential buyers test drive the car. All five conditions that are necessary for an exchange to occur exist in this scenario. Has an exchange occurred

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The exchange has not taken place, the exchange will occur only when Until Kendall sells the car.

What is an exchange?

A process of taking something from someone on behalf of anything is called an exchange. For example when we purchase a product and in return provide money to the shopkeeper.

The condition which is compulsory by while making an exchange is there should be the presence of both the party in exchange in which one is the giver and another one is the receiver.

Both the parties involved in the exchange are free to accept and reject the offer. There should be fair communication between both parties to successfully close the deal.

The value of exchange should be worthful to another party in terms of market rate, there should be no place for exploitation or fraudulent behavior will be accepted. The consent of both parties is required to take place in exchange.

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On April 1, 20X1, Nelsen Inc. accepts a $100,000, 8% note. The note receivable and interest are due on March 31, 20X2 (one year later). On December 31, 20X1, Nelsen will accrue interest revenue of:

Answers

Based on the amount received as a notes receivable, and the month the interest revenue is recorded, the amount accrued would be $2,000.

What interest revenue will be accured?

From December 20X1 to March 20X2 will be 3 months.

The interest revenue will therefore be:

= Amount of note receivable x Interest rate x Number of months till interest is due

= 100,000 x 8% x 3/12 months

= $2,000

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A commenced his cloth business on 1st April, 2018 with a capital of ₩30,000. On 31st March 2019, his assets were worth ₩50,000 and liabilities of ₩10,000. Find out his closing capital and profits earned during the year.

[tex] \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: [/tex]
Help me with this question ~​

Answers

Answer:

Profits = ₩10,000

Closing Capital = ₩40,000

Explanation:

Let's note down the given information at first.

Opening capital = ₩30,000Worth of assests after 1 year = ₩50,000Liabilities = ₩10,000

Now,

Profits

= (Worth of assets after 1 year - Liabilities)  - Opening capital

= (₩50,000 - ₩10,000) - ₩30,000

= ₩10,000

Next, let's find the closing capital

= Assets - Liabilities

Assets                ₩50,000

Liabilities              ₩10,000

[tex]\rule{150pt}{1pt}[/tex]

Closing capital      ₩40,000

[tex]\rule{150pt}{2pt}[/tex]

The new economy a. all of the above. b. moves white collar jobs to countries with cheaper labor. c. shifts demand from physical labor to cognitive abilities. d. moves manufacturing to countries with cheaper labor.

Answers

The new economy will move white-collar jobs, shift demand from physical labor and moves manufacturing to countries with cheaper labor. Thus the correct option is A.

What is an economy?

An economy is a huge series of connected production and consuming activity that helps determine how limited resources are distributed in an efficient manner.

The new economy will help provide better production options with cheaper labor available in countries and advanced technology utilization. Small firms can also do business with the help of entrepreneurship by bringing innovative ideas to work.

This will bring cultural advancement which helps in hiring people from diversified backgrounds at work and by moving white-collar jobs to countries with cheaper rates. This will help them with opportunities to grow.

Therefore, option A all of the above is the correct answer.

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A negative cross elasticity of demand means that two goods are _____, while a negative income elasticity of demand means that a good is a(n) _____ good. complements; normal substitutes; inferior substitutes; normal complements; inferior

Answers

A negative cross elasticity of demand means that two goods are complements, while a negative income elasticity of demand means that a good is a(n) inferior good.

What is cross elasticity of demand?

This is a term that has to do with the sensitivity of the demand of goods and services to the prices of other goods.

When it is negative it means that they are complements. It is inferior when income elasticity is also negative.

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Which sentence best describes a conflict? a. a student must find a way to learn responsibility. b. a detective gets called into the police chief's office. c. an astronaut puts on her spacesuit to go outside. d. an accountant goes to lunch at 11:30 instead of noon. Let $a_1, a_2, a_3,\dots$ be an arithmetic sequence. if $a_{23} = \dfrac23$ and $a_{53} = \dfrac32$, what is $a_{35}$? what two numbers have a sum of 4 and product of 24 The statement : On Earth, objects that are heavier than air will always fall toward the ground is the____ of gravity. A. law B. conclusionC. theoryD. hypothesis Look at the sentence below.Joey bought a sandwich at the deli, and then he decided to get a cookie.Which type of sentence is represented?complexcompoundsimplefragmentTHE ANSWER IS COMPOUND!! Put that answer and got 100% on my odyssey ware assignment. Hope this helps out anyone!! helpppppppppppppppppppi dont know if its the answer i clicked or not Read the excerpt from Blanca Flor.Don Ricardo (in full force and very angry). This must be the work of Blanca Flor, or else you have more power than I thought. I know Blanca Flor is too scared to ever use her powers against me, so as a test of your powers, tomorrow your next job will not be so easy. See that barren ground over on the side of the mountain? You are to clear that ground, plant seeds, grow wheat, harvest it, grind it, cook it, and have bread for me to eat before I return. You still have your life now, but I better have bread tomorrow. 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Woran I Willem de KooningA. carefully planning compositions in a sketchbook, before beginning a painting B. completing a painting in one session, rarely adding to or changing an image C. using aggressive gestures to apply slashing lines in all directions D. avoiding the use of black paint, to enhance a bold, saturated color palette Select the sentence that correctly combines information from both texts. in about ten days, the venus flytrap reopens and any part of the insect that didn't get digested falls out. the liquid around the rim of the flytrap's "mouth" is actually a sweet nectar that lures prey. the venus flytrap, or dionaea muscipula, lives in warm, swampy areas where it feeds on flies and insects. there are a surprising number of plants that are carnivorous, or feed on meat. PLEASE HELLLP i will give you brainiest points and everything!!!! Even though the Revolutionary War officially ended with the Peace Treaty of 1783, the battle for human rights has not ended. 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