Assignment 2: Self Checks, Questions And Answers

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Self Check Page 228 1. Yes. According to Melvin, S. (2011), a requirements contract would mean that Boston Hardware would only have to buy the amount of shovels they needed. 2. Yes. According to Melsin, S. (2011), the Uniform Commercial Code (UCC) has a provision called open terms. In this scenario the contract would be good as long as the desks were ready for pickup by September 1. 3. No. According to Melvin, S. (2011), the UCC will only allow merchant firm offers to be good for three months. LA Outfitters had said they would give West Coast Burrito company seven months to respond, but the UCC rule made that offer void. 4. No. According to Melvin, S. (2011), Midwest Dolls Inc. committed a material change when it changed the delivery

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