Use the Following Information for Questions 103 and 104

question 104

Multiple Choice

Use the following information for questions 103 and 104.
The Can Division of Fruit Products Inc. manufactures and sells tin cans externally for $0.60 per can. Its unit variable costs and unit fixed costs are $0.24 and $0.08, respectively. The Packaging Division wants to purchase 50,000 cans at $0.32 a can. Selling internally will save $0.02 a can.
-Assuming the Can Division has sufficient capacity, what is the minimum transfer price it should accept?

• A) $0.24
• B) $0.32
• C) $0.22
• D) $0.30

Familiarize with the number of U.S. courts of appeals in the federal court system.

Identify the tasks of a mediator in mediation.

Describe the federal district courts' jurisdiction.

Understand the procedural rules of courts and the methods for settling disputes outside of courts (ADR).

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Definitions:

Enforceable Legal Rights

are rights granted by the law that can be brought before a court for protection or enforcement.

Donee Beneficiary

A third-party beneficiary for whom a contract is intentionally made to benefit as a gift.

Constructive Breach

A type of breach of contract where one party indirectly fails to perform their obligations, thereby allowing the other party to treat the contract as broken.

Contractual Obligations

Duties that are legally binding and arise from agreements or contracts between two or more parties.