Identify the possible remedies for a seller when the buyer breaches a contract
If a buyer breaches a contract, the seller can always cancel the contract. The seller may be able to:
• stop delivery of the goods,
• identify goods to the contract (which will help it recover damages),
• reasonably resell the goods and recover the difference between the resale price and contract price plus incidental damages minus expenses saved,
• obtain damages for non-acceptance, or
• obtain the contract price.
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________ typically move commodities over large distances at lower costs per unit shipped
A) Air B) Truck C) Rail D) Package carriers
Santa Fe Railway transports industrial products and supplies throughout the Western United States. Selected financial information for Santa Fe is provided in the table below
The CFO of Santa Fe, Richard Pennybags, wants to distribute $1B of cash using an open market stock repurchase. If the shares are bought back at the pre-repurchase price, then what proportion of shares will be repurchased? Santa Fe Railway Selected Financial Information Stock Price $62.725 Cash $1,000M Market Capitalization $9,408.75M Shares Outstanding 150M Debt $0 A) 5.63% B) 7.47% C) 8.48% D) 10.63% E) 11.83%
The best way to distribute and sell copyrighted computer programs is using: A)copyright laws
B) patent laws. C) trade secret laws. D) restrictive licensing.
Seller A issued a counteroffer to Buyer B and Buyer C. Buyer B accepted the counteroffer, but before A can notify C, C also accepts. What result?