The measure of damages for nondelivery is the difference between the contract price and the market price at the time the breach is realized
Indicate whether the statement is true or false
TRUE
You might also like to view...
Answer the questions below. a.Suppose the Fisher hypothesis holds for an economy that has an expected real interest rate of 3 percent. For each of the expected inflation rates of 0, 3, 6, 9, and 12 percent, calculate the after-tax expected real interest rate (expressed in percentage points with two decimals), if the tax rate is 15 percent. b.Suppose the Fisher hypothesis does not hold, but instead that the after-tax expected real interest rate will be unchanged at 2.5 percent if the expected inflation rate changes. For each of the expected inflation rates of 0, 3, 6, 9, and 12 percent, calculate the (before-tax) expected real interest rate (expressed in percentage points with two decimals), if the tax rate is 15 percent.
What will be an ideal response?
The steps in the closing entries for a sole proprietorship and for a partnership are identical for all of the following except
a. close all revenues to Income Summary; b. close all expenses to Income Summary; c. close Income Summary and Drawing to the owner's capital account; d. all of the steps are the same; e. none of the steps are the same
Answer the following statements true (T) or false (F)
1. Leveraging structural and systematic change will create major animosity with one’s employees. 2. Change proposals should only be introduced once formal approval is obtained. 3. Acceptance can be increased despite initial resistance if the project has been through a rigorous review. 4. Formal approval tends to follow the same general decision-making process in most organizations. 5. Moving forward without formal approval establishes creeping commitment to the change project.
The argument for drug testing is based on the 4th Amendment
Indicate whether the statement is true or false