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olya-2409 [2.1K]
3 years ago
14

Seller, a Chicago business, sent a shipment of tractor parts to Buyer, a Detroit business, under a contract that read: "F.O.B.Ch

icago, Illinois." The parts were not those specified in the contract and Buyer rejected them. A few hours after Buyer notified Seller of the rejection, the parts were destroyed in a fire at Buyer's place of business. Which of the following best states the rights and duties of Buyer and Seller in this situation?a. Buyer has the risk of loss because this was a shipment contract.b. Buyer rightfully rejected the tender, but risk of loss did not pass to Seller again until Seller regained physical possession of the goods.c. Seller has the risk of loss because this was a destination contract.d. Seller has the risk of loss because the tender was non-conforming, but only to the extent that Buyer's insurance does not cover the loss.
Business
1 answer:
Vera_Pavlovna [14]3 years ago
6 0

Answer:

D. Seller has the risk of loss because the tender was non-conforming, but only to the extent that Buyer's insurance does not cover the loss

Explanation:

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Verify why the farmers' credit union chose to increase Farm B's line of credit but not Farm A's in the following scenario:
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Answer:

see below

Explanation:

he farmers must have considered the ability to repay back loans when making the decision. The ability of a business to meet its current obligations is expressed by the current ratio.

The current ratio or working capital ratio communicates a firm's ability to repay debts as they become due. The higher the ratio, the better.

the current ratio is calculated as current assets/current liabilities

For Firm A,

current ratio =$150,000/ $125,000.

=1.2

For Firm B,

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3 years ago
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What power does a market leader in an oligopoly have
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Simon decided to invest $8,000 in the stock market one day early in 2008. Six months after he invested, on July 17, the stocks h
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Answer:

At this point, Simon has lost $1,000 of his money.

Explanation:

This can be determined by calculating the current value of Simon's investment as follows:

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Therefore, at this point, Simon has lost $1,000 of his money.

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