Money damages for breach of a sales contract is usually based on the difference between the market price and the contract price
Indicate whether the statement is true or false
True
You might also like to view...
In which of the following cases is a bank obliged to file a Currency Transaction Report (CTR) with the Internal Revenue Service?
A) The bank receives instructions from a customer to certify an ordinary check worth $10,000 issued in a foreigner's name. B) The bank receives an ordinary check worth $13,000 payable to a customer's checking account. C) A customer deposits $20,000 through a cashier's check in his checking account. D) A customer issues stop-payment instructions on a check worth $15,000 issued to a payee.
Using the cash flow yield methodology, a spread is calculated over a comparable Treasury security. How is a comparable Treasury determined?
What will be an ideal response?
) In 2018, Richard's Department Store changes its inventory method from FIFO to LIFO. Richard's uses the simplified LIFO method. Richard's year-end inventory under FIFO is as follows: 2017 - $300,000; 2018 - $350,000. The 2017 price index is 110% and the 2018 index is 120%. The 2018 layer is
) In 2018, Richard's Department Store changes its inventory method from FIFO to LIFO. Richard's uses the simplified LIFO method. Richard's year-end inventory under FIFO is as follows: 2017 - $300,000; 2018 - $350,000. The 2017 price index is 110% and the 2018 index is 120%. The 2018 layer is
A) $19,097.
B) $20,833.
C) $22,727.
D) $50,000.
The _____ approach evaluates each decision alternative in terms of the best payoff that can occur
a. conservative b. optimistic c. maximin regret d. expected value