A seller recovering the difference between his resale price and the buyer's original contract price is an example of:

A) compensatory damages
B) incidental damages.
C) liquidated damages.
D) None of the above


A

Business

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Columbia Manufacturing Corp purchased a new lathe machine for its baseball bat manufacturing plant on January 1 . The machine cost $12,000 and is expected to be used in production for 4 years at which time its estimated salvage value will be $2,000 . The yearly straight-line depreciation for this asset would be

a. $2,500 b. $3,000 c. $4,000 d. $12,000 e. $9,500

Business

________ is the constitutional right of the government to take private property, upon the payment of just compensation, for a purpose that will benefit the general welfare

A) Sovereign immunity B) Adverse possession C) Eminent domain D) Easement by prescription

Business

________ are scaled to reveal quantities and comparative values

A) Flowcharts B) Bar charts C) Broken line charts D) Gantt charts

Business

Marketing researchers have access to a great deal of information about consumers. What kinds of pressure might be brought to bear on a marketing researcher that might cause ethical dilemmas?

What will be an ideal response?

Business