Which of the following would not be a remedy available to the seller on account of buyer's breach?
a. Stop delivery of the goods by the carrier.
b. Require the financially sound buyer to return the goods.
c. Recover the price.
d. Cancel the contract.
b
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A key source of information for computing employer payroll taxes is the
a. end-of-period balance sheet; b. income statement; c. payroll register; d. employees' check stubs; e. statement of owner's equity.
Which of the following statements is TRUE if the variable cost per unit increases while the sales price per unit and total fixed costs remain constant?
A) The breakeven point decreases. B) The contribution margin increases. C) The breakeven point remains the same. D) The breakeven point increases.
There is only one best way to manage people, teams, or organizations. A particular management practice that worked today will work tomorrow. This is called the contingency approach.
Answer the following statement true (T) or false (F)
MagNet, a small United States computer company, started doing business in a foreign country. The foreign country later decided to take over all computer industry, including MagNet's operation. The foreign country paid MagNet adequate compensation in United States dollars. The foreign country's action is called:
a. comity. b. repatriation. c. expropriation. d. inflow profit streaming.