Which of the Following Is Not a Remedy Available to an Unpaid

question 20

Multiple Choice

Which of the following is not a remedy available to an unpaid seller against the buyer?

• A) Recovery of the price
• B) Cover and suit for damages
• C) Recovery of incidental damages
• D) Cancellation of the contract

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Definitions:

Net Income

The company's net income, calculated by subtracting all costs and taxes from its total earnings.

Original Capital Investment

The initial sum of money invested in a business venture, project, or asset, used to start or acquire the investment.

Salary Allowances

Additional benefits or compensations provided to employees on top of their regular salary, which may include housing, transport, or medical allowances.

Liquidation

The process of closing a business and distributing its assets to claimants, often done when a company is insolvent.