Refined Mills orders "Grade A" oats from Sweet Valley Farms to grind and sell to Town Co-op Grocery. Sweet Valley ships "Grade B" grain, which Refined Mills accepts. To recover damages for the nonconformity, Refined Mills must give notice of the breach within a reasonable time to
A) Sweet Valley
B) Town Co-op.
C) no one.
D) the appropriate state government agency.
A
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The discount on bonds payable account would be classified as a(n)
a. current liability. b. adjunct-liability. c. contra-liability. d. noncurrent liability.
Which of the following is NOT a market-oriented business definition?
A) "We empower customers to realize their dreams." B) "We make high-quality consumer food products." C) "We sell success and status." D) "We create the Hilton experience." E) "We bring innovation to every home."
The paper quality of a letter is an example of ______.
A. verbal communication B. metacommunication C. false communication D. telecommunication
Which of the following variances should not be interpreted as a measure of over or underutilization of facilities?
a. Variable overhead spending variance b. Fixed overhead budget variance c. Variable overhead efficiency variance d. Fixed overhead volume variance