Owen and Pablo enter into a contract for a sale of fifty Western saddles. Pablo pays, but Owen does not deliver. Pablo can normally recover as damages the difference between
A)?any loss avoided and any profit gained
B)?the actual price and the hoped-for price.
C)?the contract price and the market price.
D)?the current prices in the parties' locations.
C
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Explain how mentoring differs from coaching.
What will be an ideal response?
Counseling sessions with employees are generally most effective when they are conducted at the employee's workstation
Indicate whether the statement is true or false.
A decision maker who uses the maximin criterion when solving a problem under conditions of uncertainty is:
A) an optimist. B) a pessimist. C) an economist. D) an optometrist. E) making a serious mistake; maximin is not appropriate for conditions of uncertainty.
Lindsey Chocolate, Inc has prepared its third quarter budget and provided the following data
Jul Aug Sep Cash collections $49,000 $39,500 $47,200 Cash payments: Purchases of direct materials 30,000 21,900 18,000 Operating expenses 12,400 8,400 11,400 Capital expenditures 13,400 24,200 0 The cash balance on June 30 is projected to be $4,000. The company has to maintain a minimum cash balance of $5,000 and is authorized to borrow at the end of each month to make up any shortfalls. It may borrow in increments of $5,000 and has to pay interest every month at an annual rate of 4%. All financing transactions are assumed to take place at the end of the month. The loan balance should be repaid in increments of $5,000 whenever there is surplus cash. Calculate the ending projected cash balance before financing for August. A) $7,167 B) $5,000 C) $46,700 D) $(7,833 )