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A. Explain the concept of "cover". How is "cover" similar or analogous to "mitigation of damages" under ordinary contract law?
B. If I am a buyer of goods and the seller repudiates or fails to deliver what I purchased, what remedies do I have besides "cover"? If I am entitled to recover monetary damages from the seller, what can I get?
C. Why do we look to the market price at the place of delivery to determine the buyer's damages? Say the place of delivery is somewhere other than the buyer's business address. Can you think of an example in which the market price might be lower in the area local to the seller? In that case, might the seller prefer a damage calculation based on the seller's local market? How might the seller plan ahead, just in case something goes haywire?
Cameron, a 50-year-old electrician, opens his pay envelope and, to his surprise, finds a pink slip inside indicating that he has been fired from his job. Which phase of the general adaptation syndrome is Cameron most likely experiencing?
It is late Saturday afternoon, and you have been so busy doing household chores you have barely noticed the thunderstorm moving in from the west. You glance out a window and see the sky is turning black.
When prices change, the income effect and substitution effect both contribute to the impact on quantities consumed. Explain how both affect a consumer's utility maximization.
A small plane just crashed in your neighborhood. You take a fire extinguisher and blankets to the scene, then stand back and pray when you realize there is nothing you can do to help. Which behavior is an example of problem-focused forms of coping?
The company's cost of capital is 8.3%and its tax rate is 35%.Property taxes, insurance and storage will run 5%. What is the owning cost for the dozer? Use the time value method to calculate the depreciated portion of the ownership cost.
The key to the success of the experimental method is? a to randomly select a very large sample of participants. b. to hold all extraneous variables constant. c. to manipulate as many variables as possible. d. to allow extraneous variables to only inf..
Ancient peoples were often much more advanced than modern people understand. Choose one example of a Greek or Roman advancement that improved their societies.
Explain what the movie tells us about society we live in. You may address whether you think it is good or bad, but you sholuld address big-picture issues.
How do you approach change? Is the risk of failing at change less risky than not changing? What criteria can you develop to help you determine your approach to future changes?
Based on the segmentation variables discussed in the chapter, construct a profile for Vanilla Bicycle's probable target market. Given that most luxury products suffer in an economic downturn, why has Vanilla still succeeded?
How can racism and discrimination be distinguished conceptually in organizational practice? In your view, to what extent and in what ways are racism and discrimination practiced in contemporary organizations?
Thinking in terms of perceived value of pricing, what’s your opinion of the way Netflix handled there price increase was it justified?
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