Refused Furniture. Selina arranges to sell furniture from her furniture store to Roland for $3,000. Roland was supposed to give
Selina a $500 deposit on February 1 and pay the remainder in monthly installments. Selina was to deliver the furniture by February 7. Roland did not pay Selina as promised on February 1. He asked her to wait until March 1, but she refused. She also refused to deliver the furniture. Selina was able to sell the furniture for only $2,500 because of a downturn in the economy. Roland told Selina that she had no right to withhold or sell his furniture and that he was suing. Selina incurred $100 in additional amounts in advertising costs to advertise the furniture that Roland initially purchased. Selina saved $40 in delivery costs because the subsequent purchaser picked up her own furniture. Which of the following is true regarding any right of Selina to recover the additional advertising fees she incurred from Roland?A. Selina will be able to recover the damages so long as they were reasonably incurred because of Roland's breach.B. She is entitled to recover the damages if she can show that Roland agreed to pay such damages in his contract with her.C. She is entitled to recover the damages if she can show that Roland has a history of breaching contracts of sale.D. She is not entitled to recover the fees because she had no right to resell the furniture.E. She is entitled to recover the damages if she can show that Roland orally agreed to pay such damages.
Answer:B. She is entitled to recover the damages if she can show that Roland agreed to pay such damages in his contract with her.
Explanation:
The non payment of the N500 installment by Roland constitute a breach of the sales contract, However an evidence of a commitment to be liable for additional cost that will be incurred will make it possible for Selina to recover the damages.
Free On Board Destination is also known as FOB. It means that the buyer will take the delivery of the goods which is being shipped by the supplier once the good arrives at the supplier's dock. The four variations of FOB destination terms are Freight prepared and allowed, freight prepared and added, freight collect, freight collect and allowed. The terms of FOB get superseded if the customer elects to override the terms with customer arranged pickup. In FOB destination terms the seller pays the shipping charges.
In the context of Human Resources, turnover refers to the number of workers who leave the organization. A scenario where an increase is what is needed the most would be if the current employees are unable to efficiently and effectively complete their work and are costing the company more money than they are producing in sales. Therefore, if those employees leave the company will save money on them and can hire newer employees that may perform much more efficiently.
Traditional career development programs of the past focused on helping an employee advance <span>by holding a series of jobs in a single organization.</span>