Beta Grocers Orders by Phone Twenty Cartons of Canned Beets

question 13

Multiple Choice

Beta Grocers orders by phone twenty cartons of canned beets from Carotene Food Packers,Inc.After ten cartons are delivered and accepted,Beta repudiates the contract.Carotene can enforce the contract to

• A)any extent because the order was placed orally.
• B)no extent because the order was placed orally.
• C)the extent of the ten accepted cartons.
• D)the extent of the twenty ordered cartons.

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Definitions:

Population Parameters

Numerical characteristics that describe certain aspects of a population.

Y-intercept

The value of the dependent variable in a linear equation when the independent variable is zero, representing the point of intersection with the y-axis on a graph.

First Order

In mathematics and science, a concept indicating the most immediate or primary in sequence, often used to describe equations, reactions, or effects that involve only the first power of a variable or are of the first degree.

SSE

Sum of Squared Errors; the total squared difference between each observed value and its corresponding predicted value in regression analysis.