Kimberly Inc, a jewelry manufacturer, and JKCent, a retailer, draft a contract that permits JKCent to retail Kimberly's jewelry in its stores

However, the parties discover a minor clerical error six months into the contract and the court rewrites their contract. This is an instance of ________.
A) restitution
B) rescission
C) injunction
D) reformation


D

Business

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Everyday information about pertinent developments in the environment to an organization is gathered through the internal report system

Indicate whether the statement is true or false

Business

Answer the following statements true (T) or false (F)

U.S. Corporations are not permitted to trade in their own securities.

Business

At Trainke Automotive Supply, Inc, when a part breaks down in the warehouse, the floor worker reports it to the supervisor who reports the break to the warehouse manager, who then selects a vendor to come and repair the equipment, often based on the

supervisor's recommendations of what vendor has responded the quickest and done the best work in the past. The supervisor and manager both rely on floor workers to keep vigilant watch over the equipment they work with daily. This is an example of: a. team member roles b. role differentiation c. buying situations d. value management system

Business

Portland Antique Weaponry is owned and operated by a craftsman who makes replicas of historic firearms for museums, sportsmen, and collectors

He is currently producing 40 flintlock muskets per month. Data are as follows: Sales price per unit $800 Variable cost per unit 470 Fixed costs per month 10,230 If Portland expects to sell 60 units per month, how much is his margin of safety expressed in sales revenue? A) $13,630 B) $24,800 C) $23,200 D) $48,000

Business