In Reference to the Case in the Text DeJesus V

question 13

Multiple Choice

In reference to the case in the text DeJesus v Cat Auto Tech.Corp. ,what was the effect of the defendant's payment for goods without inspection on the day of delivery,when the delivery was approximately two weeks after the time called for by the contract?

• A)The defendant did not lose any rights because under the UCC he had 7 days after delivery in which to object to late delivery.
• B)The defendant did not lose any rights because under the UCC he had 24 hours after delivery in which to object to late delivery.
• C)The defendant did not lose any rights because under the UCC he had 10 days after delivery in which to object to late delivery.
• D)The defendant effectively waived the performance provisions of the contract regarding the time for delivery.
• E)The defendant did not lose any rights because under the UCC he had 48 hours after delivery in which to object to late delivery.

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Definitions:

Break-even Point

The financial state where total revenues equal total expenses, resulting in no profit but no loss.

Revenues Equal Costs

A financial break-even point where the total revenues generated equal the total costs incurred.

Value Creation

The process through which businesses or organizations produce goods or services that are worth more than the cost of the inputs involved.

Customer Appeal

The attractiveness of a product or service to potential and existing customers, often influencing their purchasing decisions.