1 page/≈275 words
Business & Marketing
BL Unit IV Assessment 3 of 3 (Essay Sample)
Whistle Cabs, a taxi service company, has been ordered by the traffic department to update their taximeters to digital ones. Whistle Cabs decides to contract with MetersRUS, who provide digital taximeters. But to acquire it on such short notice, Whistle Cabs approaches Goldmint Bank. Goldmint Bank purchases the taximeters, and the taximeters are delivered to Whistle Cabs. The contract between Whistle Cabs and Goldmint Bank allows the taxi service company to use the taximeters for a period of time by providing monthly rentals till that period is completed. Which section of the Uniform Commercial Code will govern the contract between the parties? Why? What is the nature of the contract made between Goldmint, Whistle Cab, and MetersRUS? Your response should be at least 200 words in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. Any references or citations must be in APA style Text book is The Legal Environment of Business and online commerce 7th edition by Henry R. Cheeseman source..
BL UNIT IV ASSESSMENT 3 Name: Institution: Date: BL UNIT IV ASSESSMENT 3 Uniform commercial code protects the sellers as well as the consumers of goods. The selling of goods may involve merchants as well as consumers (Cheeseman, 2009). Each one of these needs to be protected in their business dealings. In the scenario, we have the taxi company involving in two contracts. The bank contracts the taxi company on the funding. Therefore, it appears that the bank is the provider of the meters. On the other hand, the taxi company contracts the manufacturers of the meters. Therefore, the contract needs to protect the three participants. The contracts between whistle cabs and Gold mint Bank is governed by the uniform co...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
YOU MAY ALSO LIKE
- BL Unit IV Assessment 2 of 3Description: BL Unit IV Assessment 2 of 3 - Undergraduate writing level. 1 page Business and Marketing Format Style English (U.S.) Essay. ...1 page/≈275 words | 2 Sources | APA | Business & Marketing | Essay |
- BL Unit IV Assessment 1 of 3Description: Undergraduate writing level 1 page Business and Marketing Format Style English (U.S.) Essay. BL Unit IV Assessment 1 of 3...1 page/≈275 words | 2 Sources | APA | Business & Marketing | Essay |
- BL Unit III AssessmentDescription: Undergraduate writing level 1 page Business and Marketing Format Style English (U.S.) Essay. BL Unit III Assessment...1 page/≈275 words | 1 Source | APA | Business & Marketing | Essay |