Andrews Manufacturing Company has repudiated its contract to sell 500 computers to a computer store. What recourse does the retailer have under the circumstances?
a. It must await the seller's performance.
b. It can recover punitive damages.
c. It can seek specific performance.
d. It can "cover" by procuring goods elsewhere and then sue for any difference between the cost of cover and the contract price, plus incidental and consequential damages less expenses saved by the breach.
d
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In considering crashing activities, we first want to crash activities that are ______.
A. the least costly to crash B. the most costly to crash C. easiest to crash D. most difficult to crash
Research and explain the difference between outright bribery and corruption versus a “facilitating payment.”
What will be an ideal response?
Ivan runs a bakery. He has lots of bills to pay: electricity, rent for the shop, the staff’s wages, flour for bread, cakes and pastries, spelt for his special spelt loaf etc. His accountant says it is important to classify these costs correctly so that he can set the right prices for his products. How would you classify the cost of the spelt?
a. fixed and direct b. variable and direct c. fixed and indirect d. variable and indirect e. marginal
Limited liability companies, like corporations, are presumed to have perpetual life
a. True b. False Indicate whether the statement is true or false