Fact Pattern 20-1 ?Daily Bread Bakeries, Inc, contracts to buy all of its ingredient requirements for bread making, at a certain minimum per year, from Enriched Flour & Grain Corporation for six years. After three years, Daily Bread tells Enriched that it plans to sell its assets to Flat Bread Shops, Inc Flat Bread refuses to assure Enriched that it will continue Daily Bread's contract. Refer
to Fact Pattern 20-1. Flat Bread's refusal is
A)?a justified response based on Flat Bread's relation to the contract.
B)?an assignment of Daily Bread's rights under the contract.
C)?a reasonable suspension of performance under the contract.
D)?a repudiation of the contract.
D
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Consider Table 4.1. After the tariff, domestic value added equals
a. $25. b. $50. c. $75. d. $100.
Beckham Corporation has 3,000 shares of $100 par value, 7 percent cumulative preferred stock, and 10,000 shares of $10 par value common stock outstanding during its first five years of operation. Beckham Corporation paid cash dividends as follows: 2006, $17,000; 2007, $0; 2008, $65,000; 2009, $30,000; 2010, $15,000 . The amount of dividends received by the preferred stockholders during 2008 was
a. $65,000. b. $46,000. c. $25,000. d. $18,000.
How does a service company calculate unit cost per service? Why do managers need to know the unit cost per service?
What will be an ideal response?
By definition, personal selling takes place in person
Indicate whether the statement is true or false