Exhibit 7-2 -Refer to Exhibit 7-2.GDP in 2012 Is

question 111

Multiple Choice

Exhibit 7-2

-Refer to Exhibit 7-2.GDP in 2012 is

• A) $49.
• B) $51.
• C) $86.
• D) $92.
• E) not possible to calculate without the CPI.

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Definitions:

Rejecting Delivery

The act of refusing to accept goods or delivery of goods, typically because they do not meet the terms of a contract or order.

Reship Conforming Goods

The act of sending goods that meet the contractual specifications after initially shipping non-conforming goods.

Notice of Rejection

A formal notification indicating that an offer or proposal has been declined.

Revoke Acceptance

In contract law, the right of a buyer to reject goods after initial acceptance if they substantially fail to conform to the contract or because of a latent defect.