A buyer who accepts goods but notifies the seller the goods are non-conforming
A) cannot recover any damages
B) can recover the difference between the goods as promised and as delivered, plus incidental and consequential damages.
C) cannot recover incidental damages.
D) cannot recover consequential damages.
B
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Coll Company (the parent company) manufactured a product at a cost of $150 and sold it to Obman Company, a subsidiary of Coll, for $200 . Obman Company sold the product to its customer for $284 . As a result of these transactions, how much gross profit will appear on a consolidated income statement?
a. $134 b. $84 c. $234 d. $0
Which of the following would be the BEST closing sentence in a bad-news message?
a. We understand your disappointment in this decision. b. Please do not hesitate to contact us again if you have any further questions. c. To see the video that discusses our two newest investment offers, just phone us at 555-1616 to request your copy. d. We trust you will continue to rely on Carson products in spite of this present difficult situation.
_____ refers to financing that arises during the natural course of business without the need for special arrangements.
A. Spontaneous financing B. Factoring C. Equity financing D. Debt financing
Which of the following statements could most likely create an express warranty?
A)"This is the best car available in town." B)"This motorcycle will double in value in the next ten years." C)"These tires have 10,000 miles on them." D)"This antique is quite a bargain."