Amble Country Stables contracts to buy 1,000 horseshoes from Burleigh Blacksmith, Inc., for $1 per shoe. When the market price decreases to 50 cents per shoe, Amble refuses to go through with the deal. Burleigh can recover

A. $1,500.
B. $1,000.
C. $500.
D. $0.


Answer: C

Business

You might also like to view...

________ is a statistical technique that simultaneously develops a mathematical relationship between two or more independent variables and an interval-scaled dependent variable

A) Product moment correlation B) Standard regression C) Factor analysis D) Multiple regression E) Canonical correlation

Business

________ is the performance of any helpful or professional work or activity for a person, family, or organization.

A. Value creation B. Customer satisfaction C. Customer service D. Market follow-up E. Service customization

Business

Which of the following statements best phrases a negative comment positively?

A. You don’t have an eye for detail, but you really do have a great sense of the big picture. B. You do a good job of visualizing the big picture, and you’d be even more effective if you improved your attention to detail. C. I don’t know anyone better than you at seeing the big picture, but you could really stand to improve your attention to detail. D. You need to improve your attention to detail, but you’re already wonderful at seeing the big picture.

Business

The use of dual facilities to manage capacity may be hard to sustain if the labor market is tight

Indicate whether the statement is true or false.

Business