Farmer Elvin is holding 200 pounds of potatoes in storage for Chef Noble but Chef Noble has breached the contract by failing to pay for the potatoes. The potatoes are beginning to rot. If Farmer Elvin sells the potatoes to a local diner to make potato soup and salad, then this action would be considered:
a. a reasonable mitigation of damages.
b. an attempt to maximize damages.
c. an attempt to realize an unwarranted profit.
d. conversion.
a
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A budget built from the ground up each year rather than by simply adding a percentage increase to last year's numbers is called:
A) a static budget. B) a flexible budget. C) a zero-based budget. D) a master budget.
Which market handles most corporate and U.S. government bonds?
a. The New York Stock Exchange b. the OTC c. the American Stock Exchange d. Washington Stock Exchange e. Chicago Board of Trade
The strong form of the efficient market hypothesis contends that
A) a select few institutional investors can earn abnormal profits. B) abnormal profits are randomly distributed. C) no one can consistently earn a profit. D) no one can consistently earn abnormal profits.
The first step in creating a new company or adding an online project is to identify a consumer or business need in the marketplace
Indicate whether the statement is true or false