Avco Restaurants contracts to purchase $10,000 worth of specially-manufactured tablecloths and
napkins with its distinctive logo on them. After the seller completes them, Avco wrongfully
refuses to accept or pay for these goods.
These goods cannot be sold in the open market. If the
seller sues Avco, what is the proper measure of damages?
A) Contract price less resale price
B) Lost profits
C) Fair market value less contract price
D) Contract price
E) Cover price less contract price
D
You might also like to view...
Products within the Consumer Product Safety Commission's (CPSC's) regulatory domain include motor vehicles and equipment, firearms, aircraft, boats drugs, and cosmetics.
Answer the following statement true (T) or false (F)
In the balanced scorecard methodology the ______________________________ component relates to the organization's ability to identify its core competencies and to assess how well it performs in these identified areas of competency.
Fill in the blank(s) with the appropriate word(s).
Firms and individuals use the money markets primarily to warehouse funds for short
periods of time until a more important need or a more productive use for the funds arises. Indicate whether the statement is true or false
On its fiscal year ended February 3, 2017 statement of cash flows, Dell Technologies Inc. reports the following (in millions): Net cash flow operating activities $2,222 Net cash from investing activities (31,256 ) Cash at the beginning of the year 6,576 Change in cash during the year 2,898 What did Dell report for “Net cash from financing activities” during fiscal year ended 2017?
a. $31,932 million cash inflow b. $31,932 million cash outflow c. $2,898 million cash inflow d. $2,898 million cash outflow e. None of the above