Seth and Maricela Enter into a Contract for a Sale

question 34

Multiple Choice

Seth and Maricela enter into a contract for a sale of goods for a contract price of $1,200 and Maricela has made a down payment of $200.Seth delivers nonconforming goods to Maricela who rightfully rejects them.The best remedy available to Maricela is to:

• A) cancel the contract and recover her $200 plus whatever other damages she can prove.
• B) reclaim the goods and cover.
• C) resell the goods and recover damages.
• D) stop delivery of the nonconforming goods and recover payments made.

---

Definitions:

Net Cash Inflows

The total amount of cash received minus the total amount of cash spent over a specific period of time.

Investment Project

A project involving the allocation of capital resources with the expectation of generating future returns or benefits.

Discount Factor

A multiplier for future cash flows to convert them into present value, reflecting the time value of money.

Contribution Margin

The amount remaining from sales revenue after variable costs are deducted, indicating how much revenue is contributing to fixed costs and profit.