Farmer Elvin is holding 200 pounds of potatoes in storage for Chef Noble but Chef Noble has breached the contract by failing to pay for the potatoes. If Farmer Elvin sells the potatoes to a local diner to make potato soup and salad, then this action would be considered
A)a reasonable mitigation of damages
B)an attempt to maximize damages.
C)an attempt to realize an unwarranted profit.
D)an attempt at reformation.
A
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Eric, Becky, and Brenda are all licensed medical doctors who form a professional corporation, Dr
Inc., to practice medicine. They are the only shareholders. Eric negligently operates on a patient, George, seriously injuring him. George sues Dr. Inc., Eric, Becky, and Brenda for malpractice. Assuming that the general rules of corporate liability apply, from whom may George recover? A) Eric only B) Nobody C) Dr. Inc. only D) Either Eric or Dr. Inc. E) Either Eric, Dr. Inc., Becky, or Brenda
The most important variable in a firm's marketing mix is
A. Promotion. B. Place. C. Price. D. Product. E. None of these answers is correct, since all contribute to one whole.
A change in the relationship of the partners that shows an unwillingness or an inability to continue with business may bring about ______ of the partnership
a. finalization b. retaliation c. composition d. revitalization e. none of the other choices are correct
All of the following are ways of validating purchased software information, except ________
A) Reviewing software documentation and technical marketing literature B) Sending prospective vendors a questionnaire asking specific questions about their packages C) Using the software yourself and running it through a series of tests based on the criteria for selecting software D) Asking the manufacturer if they feel their software is best