Assume That Bubba Orders 15 Cases of BBQ Chips from Mays

question 24

Multiple Choice

Assume that Bubba orders 15 cases of BBQ chips from Mays Potato Chips for his restaurant,Bubba's BBQ.Mays ships 15 cases of regular chips by mistake.If Bubba decides to keep the regular chips,in spite of the nonconformity with the contract,then the destruction of the chips when a water pipe breaks in the food storage room will result in:

• A) Mays' having to bear the loss, because it shipped nonconforming goods to Bubba.
• B) Mays' having to bear the loss, because it failed to insure the chips.
• C) Bubba's having to bear the loss, because he accepted delivery of the nonconforming chips.
• D) Bubba's having to bear the loss, because it was a sale on approval contract.

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Definitions:

Barter

is a method of exchange where goods or services are traded directly for other goods or services without the use of money.

Generalized Reciprocity

A form of exchange where goods or services are given with the expectation that the recipient will reciprocate in the future without a specified value or time frame.

Generalized Reciprocity

A type of exchange where goods or services are provided without an immediate or specified return, often found within close relationships or communities.

Close Kin

Family members closely related by blood, typically immediate family such as parents, children, and siblings.