Examlex
McCann Construction purchased a poured concrete form from Advance Concrete Forms,Inc.McCann purchased the concrete form by placing a phone call to Advance in Madison,Wisconsin.Advance delivered the concrete form with an invoice stating the terms of the sale required payment within 30 days and a 1 1/2 % interest per month finance charge would be charged on accounts over 30 days.When McCann failed to pay the invoice on time,interest was charged according to this rate.Later,McCann refused to pay the accumulated interest charge,claiming there was not a meeting of the minds regarding the finance charge in any conversation prior to the sale.The trial court concluded that the finance charge was in fact an additional term added by Advance when it accepted McCann's purchase order.Discuss Uniform Commercial Code Section 2-207 in general and with regard to this situation.Does McCann owe the interest accrued?
Q1: Larson entered Forrester's Auto Mart to purchase
Q6: A letter of intent summarizes progress made
Q7: Vicki entered into a written contract to
Q11: The concept that an injured party may
Q22: Unethical behavior in an organization can create:<br>A)a
Q23: M & E sold a lathe "ASIS"
Q29: Most courts hold that a seller of
Q32: Oxtron,Inc.arranged for two employees,Kaiya and Gary,to attend
Q38: Nortron Corporation wants to create an ethical
Q44: Holt and Collins decide to have their