Turtle World orders 200 small sea turtles from Reptile World. After the sea turtles had been identified to the contract but before the risk of loss had passed to Turtle World, the turtles were released into the ocean by a militant animal rights group who broke into Reptile World to set the animals free. Under this scenario
a. Turtle World cannot successfully sue because the contract is void.
b. Turtle World can cover, then win a judgment against Reptile World for the difference between the contract price and the cover price, plus incidental and consequential damages, minus expenses saved.
c. Turtle World can successfully sue for specific performance because sea turtles are everywhere.
d. Turtle World is entitled to a judgment for compensatory damages, but not consequential damages.
a
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Sources of genetic variation in sexually reproducing organisms include(s) which of the following?
A. independent assortment in metaphase I of meiosis B. crossing-over in prophase I of meiosis C. fertilization D. All of the choices are sources of genetic variation. E. None of the choices are sources of genetic variation.
Which of the following transactions would typically result in the creation of a deferred tax liability?
A) Rents received in advance are taxable when received but are not recognized in pretax financial income until earned. B) Gross profit on installment sales is recognized currently in pretax financial income but is not taxable for income tax purposes until cash is received. C) Losses recognized in pretax accounting income from an investment in a subsidiary are accounted for by the equity method but not deductible for income tax purposes until the investment is sold. D) A contingent liability is recognized as an expense currently in pretax financial income but not deductible for income tax purposes until paid.
Miles is considering buying a new pickup truck for his lawn service firm. The economy in town seems to be growing, and he is wondering whether he should opt for a subcompact, compact, or full-size pickup truck
The smaller truck would have better fuel economy, but would sacrifice capacity and some durability. A friend at the Bureau of Economic Research told him that there is a 30% chance of lower gas prices in his area this year, a 20% chance of higher gas prices, and a 50% chance that gas prices will stay roughly unchanged. Based on this information, Miles has developed a decision table that indicates the profit amount he would end up with after a year for each combination of truck and gas prices. Develop a decision tree for this situation and indicate which type of truck he should select. States of Nature Alternatives Lower gas prices Gas prices unchanged Higher gas prices Probability .3 .5 .2 Subcompact 16,000 19,000 21,000 Compact 15,000 20,000 22,000 Full size 24,000 19,000 6,000
The ________ is the frequency at which the customers arrive at a waiting line according to a probability distribution
Fill in the blank with correct word.