When you begin keeping your manager's appointment calender, which of the following should you learn?
A) How much time appointments should take
B) Your manager's preferences for scheduling
C) Which appointments should be given priority
D) All of the above
D
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Which bidding approach is used when the buyer–supplier relationship is transactional, items are standardized, and price is the predominant selection criterion?
A. online reverse auctions B. competitive bidding C. negotiations D. English auctions
The percentage-of-sales method should be used for projecting the cost of goods sold and the expense items in the income statements.
Indicate whether the statement is true or false
A histogram is used to display categorical data.
Answer the following statement true (T) or false (F)
Limited Remedies. In 1968, Canal Electric Co purchased a steam turbine generator from Westinghouse Corp In 1983, Canal purchased some new rotating blades from Westinghouse to use in the generator. The contract covering the 1983 sale of the blades
warranted that Westinghouse would repair or replace any defective parts for a one-year period and limited Westinghouse's total liability under the contract to the purchase price of the blades, which was $40,750. Liability for incidental and consequential damages was specifically disclaimed. A few months later, the blades developed cracks, and Canal had to shut down operations for 124 days while the blades were being replaced. As a result, Canal incurred costs (which were significantly higher than the purchase price of the blades) to obtain replacement power during this period. Ultimately, Canal sued Westinghouse for breach of warranty and negligence. Westinghouse claimed that its liability to Canal was limited to the purchase price of the blades, $40,750. Will the court enforce the limitation-of-liability clause? What factors will the court consider in deciding the issue? Discuss fully.