Under the CISG, if the contract is avoided and the seller has resold the goods in a reasonable manner and within a reasonable time after avoidance, the seller may recover:
a. the difference between the contract price and the resale price.
b. incidental damages only.
c. consequential damages.
d. Both the difference between the contract price and the resale price and consequential damages.
d
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A supplier in China was accused of selling outdated meat to the fast-food giant McDonald's. Sales declined as a result
Indicate whether the statement is true or false
Which of the following sentences is punctuated correctly?
a. The shipment arrived too late for our sale; therefore, we are returning it to you. b. The shipment arrived too late for our sale, therefore, we are returning it to you. c. The shipment arrived too late for our sale therefore, we are returning it to you. d. The shipment arrived too late for our sale: therefore, we are returning it to you.
Which one of the following is a true statement about a personal code of ethics?
A) They parallel or mirror the legal rules of society. B) They are typically formed in childhood. C) They are universal and apply across all cultures. D) They represent our beliefs about whether an action will benefit us or others. E) They are primarily defined by the organizations we work for.
If the pure expectations theory is correct (that is, the maturity risk premium is zero), which of the following is CORRECT?
A. An upward-sloping Treasury yield curve means that the market expects interest rates to decline in the future. B. A 5-year T-bond would always yield less than a 10-year T-bond. C. The yield curve for corporate bonds may be upward sloping even if the Treasury yield curve is flat. D. The yield curve for stocks must be above that for bonds, but both yield curves must have the same slope. E. If the maturity risk premium is zero for Treasury bonds, then it must be negative for corporate bonds.