If a buyer repudiates a contract for identified, conforming goods before risk of loss has passed to him/her, ________.
A. the buyer is liable for a commercially reasonable time for any loss or damage to the goods that is not covered by the seller's insurance
B. the buyer is not liable for any loss or damage to the goods
C. the seller is liable for a commercially reasonable time for any loss or damage to the goods
D. the buyer and the seller must share the loss equally
Answer: A
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Use the function ExpValue, defined below. If you apply this function to the data in the image, where Values = B2:B4, and Weights = A2:A4, what is the value of EV when t=2?
Public Function ExpValue(Values As Range, Weights As Range)
Dim t As Integer, VarCount As Integer, EV As Single
VarCount = Values.Count
EV = 0
For t = 1 To VarCount
EV = EV + Values(t) * Weights(t)
Next t
ExpValue = EV
End Function
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