1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Katena32 [7]
3 years ago
7

British Textile Manufacturer entered into a contract with Cotton Broker for 2,000 bales of cotton to be shipped from India to En

gland on the ship "Peerless, sailing from Bombay." The contract was silent about the shipping date. Buyer expected the cotton to be shipped on the Peerless that sailed from Bombay in October; seller expected to ship the cotton on the Peerless that sailed from Bombay in December. By the time the second ship arrived in England, buyer had found another supplier and refused to accept the cotton. Does manufacturer have any defenses to the breach of contract suit brought by Broker?
Business
1 answer:
sukhopar [10]3 years ago
8 0

Answer:

Yes, there was a bilateral mistake of material fact.

You might be interested in
A company with a completely fixed cost structure will have operating leverage of 1.a. Trueb. False
olganol [36]

Answer:

False. This is because 1 is an odd number and that it is too low in value.

5 0
3 years ago
One component of pension expense is actual return on plan assets. plan assets include only assets reported on the balance sheet
Yuki888 [10]
<span>The correct answer is:  [D]:
________________________________________________________
     "assets that a company holds to earn a reasonable return, generally at minimum risk."
________________________________________________________</span>
8 0
3 years ago
Which one of the following is correct about variable costing systems?
IgorLugansk [536]

Answer:

C nag sa got ko sa yo yang C DAHIL SA VARIABLE

6 0
3 years ago
Please help me!!!!!
brilliants [131]

Answer:

can't read could you do a close up one

Explanation:

4 0
3 years ago
The 7 percent preferred stock of Midwest Muffler and Towing is selling for $65 per share. What is the firm's cost of preferred s
Luda [366]

Answer:

e. 10.77 percent

Explanation:

The computation of the cost of preferred stock is shown below:

Cost of preferred stock = Annual dividend paid ÷ Price of preferred stock per share

= 0.07 × $100  ÷ $65

= 10.77%

Simply we divide the annual dividend after considering the par value per share by the price of preferred stock per share so that the correct cost of preferred stock can be computed

3 0
3 years ago
Other questions:
  • Under the _____ inventory method, accounting records maintain a continuously updated inventory value.
    13·1 answer
  • Which degree is commonly earned by those interested in a career in business?
    11·2 answers
  • Scientist estimate that sea level has risen about what over the past 100 years
    13·1 answer
  • The slope of a country's production possibility frontier with cloth measured on the horizontal and food measured on the vertical
    8·2 answers
  • Consider an apple orchard owner deciding how to incentivize his fruit pickers to get them to pick more apples he should: a. ​To
    11·1 answer
  • Facing stiff competition in the e-reader market, Sumac Industries wants to protect its competitive advantage by increasing the p
    13·1 answer
  • Ntercon is an Internet-based company that provides online support services for businesses that need help in setting up and maint
    15·1 answer
  • 1. Which of the following is not characteristic of a corporation?
    10·2 answers
  • How do you know what put in the balance sheet ???? I don't understand!!!!!
    12·1 answer
  • Michael’s basement recently flooded. He has a homeowner’s policy covering flood damage that has a $500 deductible. The total dam
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!