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adoni [48]
3 years ago
6

Fruited Plain, Inc, agrees to sell high-quality grain seed to Grange Co-op. Because only half of the quantity ordered is availab

le, Fruited Plain ships a lesser quality seed in twice the amount of the remainder of the order for the same price. Grange Co-op rejects the lesser quality seed. With time for performance not yet expired, Fruited Plain can:_______.
A) attempt to cure the defect
B) cancel the contract.
C) recover the amount of its expected profit plus incidental damages.
D) resell or dispose of the seed and hold Grange Co-op liable for any loss.
Business
2 answers:
tatyana61 [14]3 years ago
8 0

Answer:

A) attempt to cure the defect

Explanation:

In this scenario Grange Co-op is recieving high quality seed from Fruited Plain. Only half of the high quality seed is available, the other half is made up of lower quality seed that is half the price of the higher quality one.

Since time for performance is not yet expired the best option for Fruited Plain is to attempt to cure the defect in the lower quality seeds and make them high quality.

They also have a lower cost of half what would have been spent on the remaining seeds. This fund can be used to cure the defect in lower quality seeds

Cloud [144]3 years ago
6 0

Answer: A) attempt to cure the defect

Explanation: By shipping lesser quality seeds in place of what was ordered by the buyer, Fruited Plian Inc. has not kept to the terms of the contract. However, with time for performance not yet expired, the company can attempt to cure the defect by replacing the rejected lesser quality seeds with high quality ones as agreed by the contract.

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What is dismissal in business?​
Oliga [24]

Answer:

A dismissal is when you end an employer's contract, with or without notice. Dismissal from work also occurs when an employee's fixed-term contract expires and you choose not to renew it. When should I dismiss someone?

8 0
3 years ago
A U.S. manufacturer of adaptive devices for persons with disabilities is considering expanding internationally. It is a fairly s
posledela

Answer:

exporting

Explanation:

The exporting refers to the trade in which the goods and services are produced and sold to the another country. In this, the person who sells the goods and services is known as exporter while the foreign buyer who buyed the goods and services is known as importer

According to the given situation, the company is looking for growth opportunities and it is a fairly small company. Moreover it focused on exporting the goods and services

Hence, the option C is correct

5 0
2 years ago
Under the all-events test, in addition to specifying that all events to establish the liability must have occurred, the test als
IgorC [24]

Answer:

TRUE

Explanation:

It is true that under the all-events test, in addition to specifying that all events to establish the liability must have occurred, the test also provides that the business must be able to determine the amount of the liability with reasonable accuracy

Under Sec. 461(h), a three-prongall-events test is met when

(1) all events have occurred that establish the fact of the liability;

(2) <u>the amount of the liability can be determined with reasonable accuracy</u>; and

(3) economic performance has occurred.

8 0
3 years ago
Read 2 more answers
I need to write a balance sheet but I am having trouble with the format. can anyone please help?
vichka [17]
Answer & Explanation:
Most balance sheets are arranged according to this equation:

Assets = Liabilities + Shareholders’ Equity

The equation above includes three broad buckets, or categories, of value which must be accounted for:

1. Assets

An asset is anything a company owns which holds some amount of quantifiable value, meaning that it could be liquidated and turned to cash. They are the goods and resources owned by the company.

Assets can be further broken down into current assets and noncurrent assets.

- Current assets are typically what a company expects to convert into cash within a year’s time, such as cash and cash equivalents, prepaid expenses, inventory, marketable securities, and accounts receivable.
- Noncurrent assets are long-term investments that a company does not expect to convert into cash in the short term, such as land, equipment, patents, trademarks, and intellectual property.

2. Liabilities

A liability is anything a company or organization owes to a debtor. This may refer to payroll expenses, rent and utility payments, debt payments, money owed to suppliers, taxes, or bonds payable.

As with assets, liabilities can be classified as either current liabilities or noncurrent liabilities.

- Current liabilities are typically those due within one year, which may include accounts payable and other accrued expenses.
- Noncurrent liabilities are typically those that a company doesn’t expect to repay within one year. They are usually long-term obligations, such as leases, bonds payable, or loans.

3. Shareholders’ Equity

Shareholders’ equity refers generally to the net worth of a company, and reflects the amount of money that would be left over if all assets were sold and liabilities paid. Shareholders’ equity belongs to the shareholders, whether they be private or public owners.

Just as assets must equal liabilities plus shareholders’ equity, shareholders’ equity can be depicted by this equation:

Shareholders’ Equity = Assets - Liabilities

— Courtesy of Harvard Business School

I hope this helped! :)
6 0
3 years ago
If an employee is the alleged perpetrator, is the mandated reporter employee required to file the suspected child abuse report a
SSSSS [86.1K]

Yes,  the mandated reporter employee is required to file the suspected child abuse report and immediately inform their supervising administrator of the alleged inappropriate conduct. This is further explained below.

<h3>What is inappropriate conduct?</h3>

Generally, Insulting, threatening, demeaning, malevolent, degrading, or offensive language, behavior, or gestures against a person or group is Inappropriate Conduct.

In conclusion, there is an obligation on the part of the mandated reporter to disclose any suspicions of child abuse and to notify their immediate supervisor of the situation.

Read more about inappropriate conduct

brainly.com/question/15030945?

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7 0
2 years ago
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