When a seller fails to deliver goods, either by being too late to be useful or because the goods are nonconforming, the buyer is entitled:
a. to nothing
b. to a compensatory payment of $1000
c. to buy substitute goods and recover the price difference d. to require the seller to find deliver new goods
e. to sue for breach of confidentiality
c
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A company that uses accounting methods in preparing its tax returns that differ from the accounting methods used to prepare its financial statements is
A) in violation of the consistency principle B) not necessarily violating either the income tax laws or generally accepted accounting principles C) probably guilty of tax evasion D) in violation of the relevance assumption
Obviously it is I who ____ to blame for the error in our income statement
A) is B) am
Factors that influence the success of a new product include ______.
a. understanding of the market and the needs of customers b. introducing the product at the right stage of the product life cycle c. making sure government regulations are followed d. ensuring ISO protocols are adhered to
Pricing schedules with all unit quantity discounts encourage retailers to
A) decrease the size of their lots. B) increase the size of their lots. C) decrease the size of their inventory. D) increase the price of their products.