If a seller fails to deliver conforming goods, the measure of recovery in the buyer’s suit for damages is the difference between the contract price and the market price at the place of delivery at the time the buyer learns of the breach.
Answer the following statement true (T) or false (F)
True
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Suppose the economy is thought to be 1 percent below its potential output (i.e., the output gap is ?1 percent). The potential output is growing at 4% a year. Suppose the Fed is following the Taylor rule, with an inflation rate of 4 percent over the past year. The equilibrium real fed funds rate is 3 percent, the weight on the output gap is 0.75 and the weigh on the inflation gap is 0.25. The inflation target is 1 percent. What should the federal funds rate be?
A. 7 percent B. 8 percent C. 9 percent D. 10 percent
Which of the following is true about the organization models by Porras, Weisbord, Nadler-Tushman, and Tichy?
A. They are explicit about cause and effect. B. They are not explicit about cause and effect. C. They are explicitly predictive. D. None of these
Under the UCC, parol evidence may be admitted to clarify customary trade practices
a. True b. False Indicate whether the statement is true or false
Under the Electronic Fund Transfer Act, if you fail to tell your bank that your bank card has been stolen, you may be responsible for all losses incurred due to unauthorized use
a. True b. False Indicate whether the statement is true or false