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:

Collection System

A method or process used to gather or accumulate items, information, or debts from various sources.

Countermand

To revoke, cancel, or reverse an order or directive that has been previously issued.

Stop Payment Order

A request made to a bank by an account holder not to pay a check or payment that has been issued but not yet cashed.

Banker's Acceptance

A short-term financial instrument issued by a company but guaranteed by a bank as accepted for payment at a future date, often used in international trade.