Mara and Nim Enter into a Contract for a Sale

question 71

Multiple Choice

Mara and Nim enter into a contract for a sale of orchids that requires payment within thirty days of delivery. Under the UCC, the payment term in the contract

• A)removes the entire transaction from the UCC.
• B)is superseded by the UCC rule that payment is due on delivery.
• C)is fully enforceable.
• D)is not enforceable because it does not specify a definite date.

---

Definitions:

Time Axis

The graphical representation of time in charts or graphs, often serving as the horizontal axis to plot time-dependent data.

Service Blueprinting

A process analysis technique that lends itself to a focus on the customer and the provider’s interaction with the customer.

Process-focused Facilities

Operations facilities organized around specific activities or processes, optimizing the production of a small variety of similar products.

Equipment Utilization

A measure of the degree to which a piece of equipment is being used compared to its full potential over a specific period, often expressed as a percentage.