Brenner Entered into a Written Contract with the Inkblot Corporation

question 32

Multiple Choice

Brenner entered into a written contract with the Inkblot Corporation for $1,000 worth of office supplies.Inkblot subsequently sent Brenner some supplies that were not requested in the contract.Brenner noticed that the order did not match the contract,but he accepted the nonconforming goods.Which of the following is true of this situation?

• A)The Inkblot Corporation must cure the improper tender.
• B)Inkblot is not required to cure the improper delivery since it has been accepted.
• C)Brenner can reject the goods without informing Inkblot of the defect in the supply.
• D)Brenner can accept the goods and through the court,obligate the Inkblot Corporation to cure the improper delivery.

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Definitions:

Stock Of Capital Goods

The total quantity of physical assets such as machinery, buildings, and equipment that are used to produce goods and services.

Gross Investment

The total amount spent on purchases of new capital assets plus replacement of depreciated assets.

Depreciation

The gradual decrease in the economic value of the capital stock of a firm, nation, or other entity, either through physical wear and tear or through obsolescence.

Capacity Utilization Rate

A measure of how well an entity is using its potential output capacity, often expressed as a percentage.