Code Section Matching: A.A Written Contract May Be Explained or Supplemented by Course

question 30

Essay

Code Section Matching:
a.A written contract may be explained or supplemented by course of dealing,usage of trade,course of performance,or evidence of consistent additional terms unless the parties intended the writing to be a complete and exclusive statement of their agreement.b."Good faith" means honesty in fact in the conduct or transaction concerned.c.An offer to make a contract is construed as authorizing acceptance in any reasonable manner.d.Variant acceptances;modification of "mirror image" rule.e.Definition of a "merchant."
f.The common law of contracts applies where the Code has not specifically modified general contract law.g.Unconscionable contracts.h.The Article 2 statute of frauds.i.Open terms;gap-filler provisions.j.Firm offers.k.Defines "sale."
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Definitions:

Cost Drivers

Factors that cause the cost of an activity or process to change, which can include the volume of units produced, labor hours, or machine hours.

Vocational School

An educational institution that provides practical and skills-based training aimed at preparing students for specific trades or careers.

Budgets

Financial plans that estimate revenue and expenses over a specified future period of time, often used for planning and controlling financial performance.

Variable Cost Estimates

Projections of costs that vary directly with the level of output or production volume.