If the goods or the tender of delivery fail in any respect to conform to the contract, the buyer may:
A) reject the whole.
B) accept the whole.
C) accept any commercial unit(s) and reject the rest.
D) Any of these.
D
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The international marketing manager of an office furniture company ordered a research report on global telecommunications equipment sales The report noted that, in the early 1990s, AT&T was awarded a $4 billion contract to provide communication network products and services in Saudi Arabia. The manager took this as a cue to put Saudi Arabia on her information agenda, reasoning that office furniture sales would increase as the country's telephone system was improved. As described here, the marketing manager is viewing Saudi Arabia as a(n):
A) latent market. B) incipient market. C) cluster market. D) existing market. E) primary market.
A company is considering two alternative investment opportunities, each of which requires an initial cash outlay of $110,000. The expected net cash flows from the two projects follow: Project A Project Z Year 1 ……………… $ 30,000$ 44,000Year 2 ………………44,000 70,000Year 3……………… 70,000 30,000Totals ……………… $144,000$144,000 Based on a comparison of their net present values, and assuming the same discount rate of 12% is required for both projects, which project is the better investment? Use the table values below to compute the net present value of each project's cash flows.Periods Present value of 1 at 12%1……………….0.89292……………….0.79723……………….0.7118
What will be an ideal response?
The account Unrealized Loss on Temporary Investments in Stock should be included in the
A) Income statement B) Balance sheet as an addition to Temporary Investments in Stock C) Balance sheet as a deduction in Stockholders' Equity D) Statement of Retained Earnings
Internal control is an organizational plan that ensures that the financial statements are prepared and submitted on time
Indicate whether the statement is true or false