subject
Business, 27.07.2021 19:20 colbs41

A firm contracted with a municipality to repair a drawbridge and began work on February 1. The contract provided that the firm would be paid an additional $1,000 for each day the repair was completed before the April 1 completion deadline. On March 14, an unusual gear on the bridge broke. On that same day, the firm contracted with a supplier for a March 15 delivery to the bridge site of the only available replacement gear. The supplier did not know about the early-completion incentive- pay provision in the firm's contract. The supplier misdirected the delivery of the gear, and the firm did not receive it until March 20. The work on the bridge was completed on March 21. But for the late delivery of the gear, the firm would have completed the bridge repair on March 16. In an action against the supplier for breach of contract, will the firm be permitted to recover, as part of its damages, the additional $5,000 early- completion incentive pay it would have received from the municipality but for the supplier's breach? A. Yes, because the supplier is liable for all damages flowing directly from its breach.
B. No, because the supplier did not know and had no reason to know about the early- completion incentive-pay provision.
C. Yes, because, by the nature of its contract with the firm, the supplier should have known that time was of the essence.
D. No, because the supplier did not expressly agree to be responsible for such damages.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:00
What is the difference between an "i" statement and a "you" statement? a. the "i" statement is non-confrontational b. the "you" statement is non-confrontational c. the "i" statement is argumentative d. the "you" statement is neutral in tone select the best answer from the choices provided
Answers: 1
question
Business, 22.06.2019 12:50
There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration
Answers: 2
question
Business, 22.06.2019 22:00
Most economists report the elasticity of demand asa. the absolute value of the actual number.b. a negative number, since price and quantity demanded move in opposite directions.c. a percentage, since both the numerator and denominator are percentages.d. a dollar amount, since we are measuring the change in price.
Answers: 2
question
Business, 23.06.2019 19:10
Suppose you own a bicycle but haven't found the time to ride it much lately. these days, it is only worth $25 to you. one of your close friends, who recently got a job at the college bookstore two miles down the road, wants to take it off your hands. he offers you $70 for the bicycle, and you gladly accept. your friend is also happy because he thinks the bicycle is worth $95 . how much total value was created from this trade? $
Answers: 3
You know the right answer?
A firm contracted with a municipality to repair a drawbridge and began work on February 1. The contr...
Questions
question
Social Studies, 28.11.2019 17:31
question
Mathematics, 28.11.2019 17:31
question
Mathematics, 28.11.2019 17:31
question
Spanish, 28.11.2019 17:31
question
Computers and Technology, 28.11.2019 17:31
Questions on the website: 13722366