Which of the following statements is NOT TRUE regarding the buyer's right to cover?
a. The buyer must cover.
b. The measure of damages in a cover is the difference between the cover price and the contract price.
c. Cover must be done by reasonably obtaining substitute goods.
d. Consequential damages can be recovered in addition to the cover damages.
a
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How do organizations assess the political risks of an international investment?
A) The higher a country's income, the higher the political risks. B) The more a country is transparent, the more it is risk-free. C) The lower the income of per capita, the lower the risks. D) The more a country allows imports, the higher the risks.
The point at which the number of units sold generates enough revenue to equal the total costs of running an operation is known as the
A. contribution per unit. B. marginal revenue. C. fixed cost margin. D. unit cost. E. break-even point.
Cycle Haven, Inc offers warranties on all their bikes
They estimate warranty expense at 3.5% of sales. At the beginning of 2017, the Estimated Warranty Payable account had a credit balance of $1,400. During the year, Cycle Haven had $299,000 in sales and had to pay out $5,900 in warranty payments. How much Warranty Expense will be reported on the 2017 income statement? A) $5,965 B) $7,300 C) $9,065 D) $10,465
Explain what a trademark is, and list the four different types of "marks" that can be protected under trademark law. Explain how each mark is used.
What will be an ideal response?