QuickClicks, an online advertising company, makes a contract to purchase six computers from Comptail, a local retailer, for $20,000. However, Comptail breaches the contract by not delivering the computers on time

The next day, QuickClicks manages to purchase the computers from another retailer for $18,000 and receives immediate delivery. QuickClicks can bring a lawsuit against Comptail to recover ________ damages.
A) consequential
B) compensatory
C) nominal
D) liquidated


C

Business

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Which of the following basic requirements must be met for an offer to sell goods to be a firm offer?

A. It must have been made orally. B. The outer limit on the period of irrevocability for firm offers must be 10 months. C. The offeror must be a merchant. D. It must contain assurances that it will be revocable.

Business

A fiduciary assigns its tax credits to beneficiaries corresponding to the disposition of its ____________________ income for the year.

Fill in the blank(s) with the appropriate word(s).

Business

Payroll is debited and Wages Payable is credited to:

a. Pay the payroll taxes. b. Record the payroll. c. Pay the payroll. d. Distribute the payroll.

Business

SMART goals are significant, mentored, attainable, reasonable, and timely

Indicate whether the statement is true or false

Business