Haven Orally Agrees to Buy 50 Digital Cash Registers from Thomas

question 58

Multiple Choice

Haven orally agrees to buy 50 digital cash registers from Thomas for $15,000. Thomas delivers 30  cash registers  to Haven , who receives and accepts them. Which of the following is correct with regard to this transaction?

• A) Haven can enforce the contract for the additional 20  cash registers  .
• B) The contract is enforceable to the extent of the 30  cash registers  that have been received and accepted.
• C) The entire contract is in violation of the statute of frauds and cannot be enforced.
• D) This is a bad deal, and is therefore commercially unconscionable from the beginning and is unenforceable.

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Definitions:

Qualitative Variables

Variables that are nonnumeric in nature and are defined using nominal or categorical data.

Latent

Hidden or dormant, often used to describe something that is not currently active or visible but has the potential to emerge or become active.

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Numeric value that indicates the distance an individual’s raw score is above or below the mean of the reference group in terms of standard deviation units.