Business, 27.04.2020 02:15 gaby6951

Wanda Workout, a resident of North Carolina, ordered a weight system, some dumbbells, and other
fitness equipment from Shapely Corporation, which was located in Tampa, Florida. Shapely would
deliver the goods via carrier by August 1, and Wanda would make three payments of $850 each. The
contract terms provided for delivery FOB Charlotte. Shapely delivered the merchandise to East
Coast Common Carriers on July 15. Sal, Shapely's manager, informed Charles, the driver for East
Coast, that the equipment was very expensive and to drive carefully. He also told him that the boxes
needed to be stacked a certain way. East Coast left around 4:00 p. m. on July 30, but did not arrive in
Charlotte, North Carolina until 8:00 a. m. on August 2 because of several road delays. Wanda rejected
the conforming goods. East Common returned the goods to Shapely. Shapely then sued Wanda for
breach of contract.
Who has title of the equipment on July 31?

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 08:30

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk

Answers: 3

Answer

Business, 22.06.2019 20:20

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.

Answers: 2

Answer

Business, 22.06.2019 21:00

Describe what fixed costs and marginal costs mean to a company.

Answers: 1

Answer

Business, 23.06.2019 01:20

Which resource management task includes activating local resource requirements, if available? a. track and report b. mobilize c. order and acquire d. reimburse and restock

Answers: 1

Answer

You know the right answer?

Wanda Workout, a resident of North Carolina, ordered a weight system, some dumbbells, and other

Questions

Business, 21.07.2019 16:30

Which are the common types of bonds that are currently issued? check all that apply. a) corporate bondsb) equity bondsc) municipal bondsd) treasury b...