Examlex

Solved

The Wii Was a Wildly Popular Home Video Game Console

question 13

Multiple Choice

The Wii was a wildly popular home video game console released by Nintendo. The Wii system was first available in the United States in November, 2006 and sold more than 30 million units as of August 2010. The Wii retails for $199. Suppose Ahmed was willing to pay $230, Lana is willing to pay $175, and Bodie is willing to pay $300 for a Wii. Who will purchase a Wii?


Definitions:

Terminate

To bring something to an end or halt its operations or effectiveness.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, designed to harmonize the law of sales and other commercial transactions.

Merchant

A person or company involved in wholesale or retail trade, especially one dealing with tangible goods.

Written Offer

A formal proposal or bid presented in written form, detailing the terms under which the writer is willing to engage in a contract or agreement.

Related Questions