The fair market value of a 10-foot fishing boat is $1,000 . In a special promotion, J's Marina purchases a 10-foot fishing boat for $900 . The boat is badly scratched when it arrives. J's Marina, however, accepts the shipment and notifies the seller of the defect. The boat as delivered has a value of $800 . If the damaged boat is a breach of warranty by the seller, the buyer may recover from the
seller:
a. $100.
b. $100 plus incidental and consequential damages.
c. $200.
d. $200 plus incidental and consequential damages.
d
You might also like to view...
The Keweenaw Sunshine Development Corporation reported the following for the year ended December 31, 2018: 1/1/18 12/31/18Discount on Bonds Payable$17,500 $15,750 Interest Payable$19,500 $17,350 Interest Expense $47,750 How much cash did Keweenaw pay for interest during 2018?
A. $51,650 B. $46,350 C. $48,150 D. $43,850
A bequest is
A) a formal search for the deceased's assets. B) a state-mandated distribution of one's property. C) also termed a legacy. D) the same as a per capita distribution of property.
Decentralized is one of the five major organizational structures
Indicate whether the statement is true or false
The last step in a GAPS analysis is to write a journal that includes specialized knowledge or a number of skills that have helped one succeed in one's current and previous jobs.
Answer the following statement true (T) or false (F)