Ordan's agreed to sell olives to Vic's. The goods were shipped Monday for Friday delivery. On Wednesday, while the goods were in transit, Vic's canceled the contract. Ordan's may:
a. minimize losses by reselling the goods to another buyer b. refuse to resell the goods to another buyer
c. force Vic's to accept the goods d. sue for punitive damages only
e. none of the other choices
e
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An example of human capital rareness would be ______.
A. Jake, who is an excellent computer programmer with an eye for detail B. Justine, who shares in the same values, attitudes, and type of culture as the organization C. Jennifer, who feels she is in the right organization and does not want to move to another organization D. Jose, who has a genuine willingness to contribute to the performance of his organization
______ is the ability to find many possible solutions to a particular problem, including unique, untested solutions.
A. Innovation B. Diversity C. Creativity D. Divergent thinking
Which of the following statements most accurately reflects the approach the FASB and IASB have identified for reaching convergence of U.S. and international accounting standards?
a. Convergence will be achieved primarily by modifying FASB standards to conform with IASB standards. b. Convergence will be achieved primarily by modifying IASB standards to conform with FASB standards. c. FASB and IASB will create new standards rather than trying to eliminate differences between standards that are in need of significant improvement. d. FASB and IASB will try to eliminate differences between standards by eliminating differences between existing standards of the two standard-setting bodies that can be easily resolved and will then work jointly on more complex issues.
Amortizing a bond discount will ________ the discount balance and ________ the carrying value of the bond so that when the bond matures the carrying value will ________ the face value.
A. decrease? increase? be greater than B. increase? decrease? be greater than C. decrease? decrease? equal D. decrease? increase? equal