hat is the name of the United Nations agreement that governs contracts for the international sale of goods between its member nat the Uniform Customs and Practices for Documentary Credits (UCPDC) the Uniform International Contracts Code (UICC) the Convention on Contracts for the International Sale of Goods (CISG) the Uniform Commercial Code (UCC)
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Step 1: The United Nations agreement that governs contracts for the international sale of goods between its member nations is known as the Convention on Contracts for the International Sale of Goods (CISG). Show more…
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Akash M.
hat is the difference between vested rights and accumulated rights when accounting for compensated absences? Select answer from the options below Vested rights are a legal and binding obligation on the company, whereas accumulated rights expire at the end of the accounting period in which they arose. Vested rights are normally for a longer period of employment than are accumulated rights. Vested rights carry a stipulated dollar amount that is owed to the employee; accumulated rights do not represent monetary compensation. Vested rights are not contingent upon an employee's future service.
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Milliner, Inc. is a manufacturer of women's hats. Lydia owns and operates a women's clothing store called Uptown Style. Milliner, Inc. advertised that they were closing out the stock of last year's hats. Lydia responded to the advertisement. Milliner, Inc. responded to Lydia, telling her, "Milliner has twenty-four designer hats of assorted styles. The price is set at $30 per hat." Lydia replied, "I'll take them." The next day, Milliner Inc. emailed the following confirmation letter: "This email is to confirm our contract for twenty-four hats of assorted styles at $30 per hat, plus shipping, for immediate shipment, payment on delivery." - Milliner Inc. Lydia did not reply to this email. Milliner, Inc. shipped the hats to Lydia's place of business and enclosed an invoice that billed Lydia for $750 - twenty-four hats at $30 per hat, plus $30 shipping charges. Lydia accepted the hats and made no complaint about them or the charges, but she has refused to pay anything to Milliner, Inc. A month later, when Milliner, Inc. complained about not having been paid, Lydia admitted that she owed Milliner $720 but contended that she did not owe the $30 because "I never 'agreed' to pay the shipping charges.
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