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Anna007 [38]
3 years ago
10

You contract to purchase 100 widgets at $100 each. The supplier backs out of the contract. If you are able to purchase, on the o

pen market, the exact same quality widgets at $105 per widget, the court would enter a judgment against the supplier for:
Business
1 answer:
irakobra [83]3 years ago
3 0

Answer:

$500

Explanation:

The court will probably award compensatory damages that cover the actual loss generated by the breaching of the contract. In this case, the breaching of the contract resulted in the nonbreaching party having to pay additional $500 for the same widgets that were included in the contract. Since the actual damage was $500, then the compensatory damages will most likely cover that amount.

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Which marketing orientation states that consumers will favor products that offer the most in​ quality, performance, and innovati
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Product concept is the marketing orientation states that consumers will favor products that offer the most in​ quality, performance, and innovative​ features.  Consumers are always looking for products that are high qualiy but aren't outragious in pricing or difficulty. When products better fit consumers needs at a price they can afford, it makes them more likely to spend the money and refer people to the products.

4 0
3 years ago
Dividends cause a(n) increase/decrease)_________ in equity and are recorded directly in
Artyom0805 [142]

Answer:

Decrease (debit) in equity, Cash Dividends Payable (credit, liability account)

Explanation:

The journal entry to record the declaration of the cash dividends involves a decrease (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to Cash Dividends Payable (a liability account).

(opentextbc.ca)

6 0
3 years ago
An open market operation is the purchase or sale of _____ - _____ - by the _____ in the open market.
Natali5045456 [20]

<u>An open market operation is the purchase or sale of </u><u>government securities </u><u>by the </u><u>Federal Reserve System</u><u>  in the open market.</u>

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What is an open marketplace purchase?

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Learn more about open market operations

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4 0
2 years ago
Lawrence got a car loan from a bank, with the car as collateral. What kind of loan did he get?
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A. a secured loan.....
3 0
3 years ago
Bubba is a shrimp farmer. In an ironic​ twist, Bubba is allergic to​ shellfish, so he cannot eat shrimp. Each day he has a​ one-
attashe74 [19]

Answer and Explanation:

In the absence of sufficient information about the expenses and other factors, which related to money, we have to consider market price as the value of shrimp.

The value of Shrimp is $10,700 per ton because, In this scenario, we have only market rate to consider the value of shrimp.

Therefore $10,700 is the price of 1-ton shrimp.

6 0
3 years ago
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