Under Article 2 of the UCC,in a Situation Where It

question 8

Multiple Choice

Under Article 2 of the UCC,in a situation where it is clear that the parties intended a contract,but a term in the acceptance conflicts with a term in the offer:

• A) there is no contract.
• B) the acceptance is viewed entirely as a counteroffer.
• C) there is a contract for the terms of the offer and acceptance that are consistent,but the conflicting terms cancel out.
• D) there is a contract,and the conflicting term in the offer is part of the contract.

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Definitions:

Opportunity Costs

The expense incurred by not choosing the second-best option available during decision-making.

Initial Cash Flow

The first influx or outflow of cash associated with an investment or project, marking the beginning of its cash flow timeline.

Sunk Costs

Expenses that have already been incurred and cannot be recovered, which should not influence future business decisions.

Replacement Projects

Investments made to replace worn-out or obsolete assets with new assets.