The buyer's damage provisions under the UCC are designed:

a. to allow the buyer to profit
b. to allow the seller a way to cure the breach
c. to put the buyer in as good a position as if the seller had performed according to the contract d. to put the buyer in a better position than if the seller had performed according to the contract e. to prevent the buyer from losing more than half of his principle capital


c

Business

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Globaphobia is a term which describes a hostile attitude toward global brands or company policies that appear to result in hardship for some individuals or countries while benefiting others

Indicate whether the statement is true or false

Business

Which of the following is true about union members' participation in the governance of their unions?

A. Union members are more active at the national level than at the local level. B. Union members are more active at the local level than at the national level. C. Union members are highly active at both the national and local levels. D. Union members participation rates are low at both the national and the local levels.

Business

The Occupational Safety and Health Act (OSHA) mandated that first-aid kits be available in business establishments employing more than three people. A newly formed company was successful in developing first-aid kits that allowed companies to comply with the standards of the act. This is an example of: 

A. distribution channels as an excellent source for new ideas. B. government regulations as a source for new product ideas. C. potential consumers as a source for new ideas. D. existing products and services as a source for new ideas.

Business

The NPV method's assumption that cash inflows are reinvested at the cost of capital is generally more reasonable than the IRR's assumption that cash flows are reinvested at the IRR. This is an important reason why the NPV method is generally preferred over the IRR method.

Answer the following statement true (T) or false (F)

Business