Gunmakers Pride Corporation Contracts for the Sale of Twelve Hunting

question 8

Multiple Choice

Gunmakers Pride Corporation contracts for the sale of twelve hunting rifles to Hunters Supply store.Gunmakers delivers nonconforming goods.Acceptance will be presumed unless Hunters Supply rejects the goods

• A)within a reasonable time after delivery.
• B)within a reasonable time after ordering the goods.
• C)within any time,since hunting rifles are not perishable.
• D)before the last day of the current hunting season.

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Definitions:

Antidumping Duty

A tariff imposed by a government on imported goods thought to be priced below fair market value to protect domestic industries.

Tariff

A tax on imported goods.

Just Compensation

The fair market value that must be paid for property taken by the government for public use, as guaranteed by the Fifth Amendment.

Proper Public Purpose

Proper public purpose is a principle stating that governmental actions and the use of public resources must aim to benefit the general public or community as a whole.