Penny purchased 3000 worth of furniture from bobs furniture, Ask an Expert

Management Studies

Penny purchased $3,000 worth of furniture from Bob's Furniture Shop. Through an arrangement with Bob, Penny financed the purchase through a financing company called Let Us Help You.

Twenty-nine days after the goods were delivered to her, Penny had a disagreement with Let Us Help You regarding the amount of interest she would be required to pay.

She notified Bob on that day that she was rejecting the goods. Bob claimed that she did not properly reject the furniture and also that she acted in bad faith. Penny disagreed, and said that she properly rejected the goods, and denied that she had acted in bad faith.

She also said that, in any event, she cannot be charged with both wrongful rejection and also bad faith because of double jeopardy.

What standard of good faith would apply in this situation, and why? Is Penny correct? Why or why not?

Can Penny reject the furniture? What remedies does she have? What remedies does Bob have?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92723366

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 why is dat-driven approach needed for health population

1. Why is dat-driven approach needed for health population management. 2. Is the sum of all the values that customers give up to gain the benefits of having or using a product or service? 3. What type of communication an ...

A pew internet amp american life study found that teens and

A Pew Internet & American Life study found that teens and young adults consider their frequent e-communication as very different from the traditional writing they learn in school and generally don’t consider it “real wri ...

Write short paragraphs on the following1 what are the

Write short paragraphs on the following: 1. What are the essential aspects of sustainability as defined in the Brundtland Report? 2. What are strong and weak sustainability? Give one example of each. 3. Briefly describe ...

You are an administrator working for the maine department

You are an administrator working for the Maine Department of Environmental Protection, a state administrative agency. You are tasked with implementing a new and controversial pollution control rule. The media will be wat ...

An admission office at a university is processing freshman

An admission office at a university is processing freshman applications which fall into three groups: in-state, out-of-state, and international. The male–female ratios for in-state and out-ofstate applicants are 1:1 and ...

1 is there a difference between a leader and a manager if

1. Is there a difference between a leader and a manager? If so, how are they different? Do you think an individual can learn to fill both roles? Explain your response and cite sources. In your organization, is there a di ...

Mr 1 honours business studiesmarketing researchdescription

MR 1 (Honours) Business Studies Marketing Research Description Written Assessment Format: • Written report in Word, one printed copy to hand in to the tutor and one electronic copy. • The document must have a front page ...

Answer the following question based on the list below

Answer the following Question : Based on the list below, present an overview and brief analysis of a model for assessing organizational effectiveness. Describe the strengths and weakness of this model. Give special atten ...

1 scary clowns inc supplies special makeup cases to a major

1. Scary Clowns, Inc., supplies special makeup cases to a major circus. The circus orders its EOQ of 1200 cases every two months from Scary Clowns. Scary Clowns incurs setup costs of $1800 every time it produces these ca ...

Root cause analysis is an effective approach to finding

Root Cause Analysis is an effective approach to finding systematic causes of problems. What are your thoughts about using the process to avoid the blame game that can occur in some health systems? Often there are systema ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert