When one party substantially, but not completely, performs a contract, creating a minor breach,
which of the following remedies may the aggrieved party choose?
A) Deduct the cost necessary to complete performance from the payment due to the
breaching party
B) Sue the breaching party for the cost to complete performance
C) Rescind the contract
D) A, B, and C
E) A and B only
E
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When a positive gap exists, the service provider must:
A) try to match the expectations. B) downsize the organization. C) increase advertising expenditures. D) continuously increase quality.
A Cost Management System (CMS) is never "complete"
Indicate whether the statement is true or false
Customer value is
A) the sum of the supply chain surplus and supply chain cost. B) the remainder after supply chain cost is subtracted from supply chain surplus. C) the remainder after supply chain surplus is subtracted from supply chain cost. D) supply chain profitability minus the supply chain cost.
In 2005, The Handy Catering Service had cash sales of 254,134, credit sales of 125,371, and total
sales of 379,505. Accounts Receivable were 9,765. If there are 365 days in 2005, what was the Average Collection Period? A) 14.03 days B) 9.39 days C) 28.43 days D) 18.78 days E) There is not enough information provided to answer this question.