Under the UCC,if a Purported Acceptance to an Offer Contains

question 72

Multiple Choice

Under the UCC,if a purported acceptance to an offer contains additional terms:

• A)It is treated as a rejection and counteroffer.
• B)If both parties are merchants,there is a contract and the additional terms may or may not become part of the contract.
• C)If neither party is a merchant,there is no contract.
• D)It is treated as a counteroffer,but it does not reject the original offer.

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Definitions:

Fixed Overhead

Overheads that stay the same no matter the quantity produced or sold, encompassing rent, payroll, and insurance costs.

Fixed Manufacturing Overhead

Ongoing, consistent expenses associated with manufacturing operations, such as rent, salaries, and utilities, regardless of production levels.

Denominator Level

The activity level chosen to compute the predetermined overhead rate, reflecting expected or actual activity.

Machine-Hours

A measurement of the amount of time machines are run during production, often used as a basis for allocating manufacturing overhead.