Which of the following is true regarding whether repossession was the only remedy available to Tina?
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BUSI 561 Quiz 3 Liberty University
Post navigationWhich of the following is true regarding whether usage of trade may impose a remedy in the event of a breach?Which of the following is true regarding whether usage of trade may impose a remedy in the event of a breach? Usage of trade may impose an exclusive remedy in the event of a breach.
Which of the following is true regarding whether the contracts with clients in the US but outside of Tennessee were required to be in writing?Which of the following is true regarding whether the contracts with clients in the U.S. outside of Tennessee were required to be in writing? Because the contracts were for amounts priced at $500 or more, they were required to be in writing; but Patty's memo was sufficient to satisfy the requirement.
Which of the following entities elects members of the board of directors for a corporation?The stockholders elect the corporation's board of directors but are not otherwise active as such in the management of the corporation. The board of directors is responsible for the major corporate decisions.
What measures if any will be imposed on Wendy for her home kite sales?What remedy, if any, will be imposed on Wendy for her home kite sales? She will be required to cede to the corporation all the profits she earned as a result of the breach.
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