The (higher) price paid by a buyer for substitute goods in the event of a breach by a seller is called:
a. consequential damages b. incidental damages
c. expectancy damages d. cover
e. none of the other choices
d
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A company had net sales of $550,000 and an average accounts receivable of $110,000. Its accounts receivable turnover equals 5.0.
Answer the following statement true (T) or false (F)
The amount by which the overhead applied to jobs during a period exceeds the overhead incurred during the period is known as:
A. Estimated overhead. B. Predetermined overhead. C. Adjusted overhead. D. Underapplied overhead. E. Overapplied overhead.
A promissory note:
A. Is a written promise to pay a specified amount of money at a certain date. B. Is a short-term investment for the maker. C. Cannot be used in payment of an account receivable. D. Is another name for an installment receivable. E. Is a liability to the payee.
_____ defines employee to include "any individual whose work has ceased as a consequence of … any current labor dispute … and who has not obtained any other regular and substantially equivalent employment".?
A) ?Section 2(3 ) of the National Labor Relations Act B) Section 704(k) of the Civil Rights Act? C) Section 9(c)(3 ) of National Labor Relations Act? D) Section 10 of the Occupational Safety and Health Act