Which of the following is not a remedy of the buyer?
a. The buyer has the right of cover and to receive damages.
b. The buyer has the right to stop delivery of the goods.
c. The buyer may have the right to obtain specific performance.
d. The buyer may have the right to recover incidental and consequential damages.
b
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A firm that is willing to maintain its market share, and not attack the leader and other competitors in an aggressive bid for further market share, is known as a market ________
A) challenger B) leader C) follower D) nicher E) entrant
Bass Frozen Foods, Inc has found three acceptable investment opportunities. The three projects require a total
of $5 million in financing. It is the company's policy to finance its investments by using 40% debt and 60% common equity. The firm has generated $3.8 million dollars from its operations that could be used to finance the common equity portion of its investments. a. What portion of the new investments will be financed by common equity and what portion by debt? b. According to the residual dividend theory, how much would be paid out in dividends?
An objective function reflects the relevant cost of labor hours used in production rather than treating them as a sunk cost. The correct interpretation of the dual price associated with the labor hours constraint is
a. the maximum premium (say for overtime) over the normal price that the company would be willing to pay. b. the upper limit on the total hourly wage the company would pay. c. the reduction in hours that could be sustained before the solution would change. d. the number of hours by which the right-hand side can change before there is a change in the solution point.
Which of the following represents a disadvantage of the consignment approach?
A. Long amount of time before payouts B. High setup costs C. Full-time sales with only a part-time involvement from the owner D. Availability of different consignment stores and auctions