Pleasant Valley Dairy Agrees to Sell a Certain Quantity of Ice

question 6

Multiple Choice

Pleasant Valley Dairy agrees to sell a certain quantity of ice cream to Coffee & Dessert Caterers,but their contract does not specify the address at which the goods are to be delivered. If the parties fail to specify the address before the delivery date

• A)Pleasant Valley Dairy is excused for any resulting delay.
• B)Pleasant Valley Dairy is liable for any resulting delay.
• C)the time for delivery is extended with a price adjustment for the delay.
• D)the contract is canceled.

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Definitions:

Kaplan And Norton

Kaplan and Norton are the creators of the Balanced Scorecard, a strategic management tool that measures organization performance beyond traditional financial metrics.

Balanced Scorecard

A strategic planning and management system that organizations use to communicate what they are trying to accomplish, align the day-to-day work that everyone is doing with strategy, monitor organization performance against strategic goals, and improve various aspects of performance.

Financial Perspective

An angle focusing on the monetary aspects of business, including profitability, revenue growth, and fiscal health.

Traditional Performance

The evaluation of an entity's performance based on historical financial metrics and objectives.