Dry Gulch Farms hires Elliot to repair its irrigation system on site on a certain date for $2,500, but Elliot does not show up as agreed. Dry Gulch hires Fernando to do the job for $2,000 . Dry Gulch may recover from Elliot
a. nothing.
b. compensatory damages.
c. consequential damages.
d. nominal damages.
d
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Which of the following is NOT a risk associated with the use of price differentiation to smooth demand?
A. The potential impact on the organization's image B. Customers becoming accustomed to low price C. Attracting undesired market segments D. Increased capacity utilization E. Customers paying higher prices may feel they are being treated unfairly
A company that uses a job order costing system incurred $10,000 of factory payroll during May. Prepare the May 31 entry assuming $8,000 is direct labor and $2,000 is indirect labor.
What will be an ideal response?
Having one employee prepare company checks and sign those checks is:
A) a violation of proper segregation of duties B) a violation of adequate documentation C) a good example of independent verification D) a good example of establishing responsibility
The U.S. Congress gives the Supreme Court discretion to decide what cases it will hear
Indicate whether the statement is true or false