Match the Following: A.Designation of Specific Goods as Those to Which the Contract

question 9

Essay

Match the following:
a.Designation of specific goods as those to which the contract of sale refers.b.An action at law to recover specific goods in the possession of a defendant that are being unlawfully withheld from the plaintiff.c.Amount specified in a contract that either party may recover in the event of a breach by the other.d.A seller makes available to buyer goods conforming to the contract and so notifies the buyer.e.The inability of a person to pay his debts in the ordinary course of business or as they become due.f.Total liabilities exceeding the total value of all assets.g.Commercially reasonable charges,expenses,or commissions directly resulting from a breach.h.Expenses resulting from the buyer's requirements and which the seller had reason to expect at the time of contracting;also payment for injury to person or property resulting from breach of warranty.i.A buyer's purchase of goods in substitution for those not delivered by a breaching seller.j.Carrying out one's contractual obligations according to the terms of the contract.k.The Code rule that a seller's performance must exactly conform to the contract.l.The right of a seller under the Code to correct a nonconforming tender of goods to the buyer.m.Buyer's manifestation of an unwillingness to become the owner of the goods.n.Rescission of a buyer's acceptance of the goods based on a nonconformity which substantially impairs their value.
-revocation of acceptance

---

Definitions:

Cost-Benefit Analysis

A systematic approach to estimating the strengths and weaknesses of alternatives used to determine the options that provide the best approach to achieve benefits while preserving savings.

Reagan Administration

The executive period from 1981 to 1989 when Ronald Reagan served as the President of the United States, known for its conservative policies.

Annual Deposits

Regular sums of money placed into an account or investment over the course of a year.

Retirement Planning

The process of determining retirement income goals and the actions and decisions necessary to achieve those goals.