Buyer’s responsibility - Study guides, Class notes & Summaries

PS pages 1-19 Chapter 1 – Deals, Lawyers, and Basic Contract Concepts Interpreting Contacts (and Drafting Them) The Six Things that happen in a Contract  Interpreting: figuring out what another lawyer’s drafted words mean  Drafting: creating rules  First Step – decide what is happening in each sentence o Covenant: a promise to do or not do something  Creates a duty (obligation)  Affirmative – the party must do something  Negative – the party must not do some...

C724 Information Systems Management Pre-Assessment Which activity is an example of how information systems support business functions of human resource departments? There are six major components of a computer-based information system, four of which are also in the information technology component. Which two components are only parts of the information system? A police department at a large metropolitan city implemented an information system that analyzes historical crime data, including date an...

(TCO A) The relationship between speed of innovation and product obsolescence is direct (as innovation speed increases, products become obsolete more quickly). inverse (as innovation speed increases, products become obsolete more slowly). indirect (there is an effect, but it cannot be directly determined). nonexistent (there is no relationship at all). (TCO A) While rapid innovation often benefits society, it often makes success for companies more complicated as they strive to keep up with...

CIS720 Exam 2 Questions and answers 1. means the project’s processes and products meet written specifications. a. Conformance to requirements c. Project feasibility b. Fitness for use d. Benchmarking 2. means that a product can be used as it was intended. a. Conformance to requirements c. Critical chain scheduling b. Fitness for use d. Free slack 3. Process improvement plan, quality metrics, and quality checklists are the outputs of the process of project quality management. a. controlling qua...

(TCO A) The relationship between speed of innovation and product obsolescence is direct (as innovation speed increases, products become obsolete more quickly). inverse (as innovation speed increases, products become obsolete more slowly). indirect (there is an effect, but it cannot be directly determined). nonexistent (there is no relationship at all). (TCO A) While rapid innovation often benefits society, it often makes success for companies more complicated as they strive to keep up with the l...

(TCO A) The relationship between speed of innovation and product obsolescence is direct (as innovation speed increases, products become obsolete more quickly). inverse (as innovation speed increases, products become obsolete more slowly). indirect (there is an effect, but it cannot be directly determined). nonexistent (there is no relationship at all). (TCO A) While rapid innovation often benefits society, it often makes success for companies more complicated as they strive to keep up with the l...

Option Wireless, Ltd. v. OpenPeak, Inc. Summarize the facts of the case OpenPeak, Inc. were in the process of producing a computer tablet product for a client and during the production, placed a purchase order for embedded wireless data from Option Wireless, Ltd. The purchase order was to include details for the 12,300 units to be purchased at the price of USD $848,700. Both the Buyer and Seller settled on the how many shipments the order would arrive in initially and concluded the exact n...

Option Wireless, Ltd. v. OpenPeak, Inc. Summarize the facts of the case OpenPeak, Inc. were in the process of producing a computer tablet product for a client and during the production, placed a purchase order for embedded wireless data from Option Wireless, Ltd. The purchase order was to include details for the 12,300 units to be purchased at the price of USD $848,700. Both the Buyer and Seller settled on the how many shipments the order would arrive in initially and concluded the exact n...

A. Scope of Art 2 & 2A 1. Scope of Article 2 a. UCC Scope Provisions i. § 2-102-This chapter applies to transactions in goods… ii. § 2-105-“Goods”=all things that are movable at the ti me of identification to the contract for sale 1) including unborn animals, growing crops b. Art 2 “goods” Examples i. Creating a wedding dress, tailoring, though the goods don’t exist yet, sell puppies though don’t exist yet ii. NOT something intangible ex: stock in a company does not work despite ...

(TCO A) The relationship between speed of innovation and product obsolescence is direct (as innovation speed increases, products become obsolete more quickly). inverse (as innovation speed increases, products become obsolete more slowly). indirect (there is an effect, but it cannot be directly determined). nonexistent (there is no relationship at all). (TCO A) While rapid innovation often benefits society, it often makes success for companies more complicated as they strive to keep up with the l...