A baseball team ordered 500 wooden baseball bats from Bats, Inc, for delivery on June 1. On May 15, the ball team received 500 aluminum bats instead of the wooden ones. As of May 16, Bats, Inc
A) may cure before June 1
B) has breached the contract and is liable for damages.
C) has breached the contract only if the baseball team rejects the goods.
D) may cure if the baseball team gives Bats, Inc. permission to do so.
A
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What will be an ideal response?
Answer the following statements true (T) or false (F)
1. One of the performance objectives included in the “triple bottom line” is the philosophical value the company creates. 2. U.S. companies are ahead of companies in Europe with regard to sustainable supply chains. 3. The carbon footprint of a supply chain does not refer to the use of energy-efficient lighting. 4. A functional strategy is more broad and abstract when compared to higher level strategies. 5. Until recently, operations managers had little input into a company’s corporate strategy.
Accounts payable $ 30,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 20,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the amount of working capital?
A) $238,000 B) $138,000 C) $178,000 D) $64,000
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