Which of the Following Is NOT Correct with Respect to Consequential

question 60

Multiple Choice

Which of the following is NOT correct with respect to consequential damages under the Code?

• A) Consequential damages include damages for destruction of a warehouse caused by the explosion of nonconforming goods.
• B) Consequential damages include damages for lost profits from a contract to resell goods which the seller never delivers.
• C) Particular needs of the buyer need to be made known to the seller before the seller can be held responsible for consequential damages relating to those needs.
• D) The buyer is not required to obtain cover, so his failure to do so does not bar him from recovering consequential damages that he could have prevented by cover.

Identify ways an organization can foster intrapreneurship and innovation.

Recognize different political strategies employed by organizations and their implications.

Differentiate between intrapreneurs and entrepreneurs and their roles within an organization.

Analyze the effects of government regulations on organizational strategies and decision-making.

---

Definitions:

Capital Flight

The sudden and large-scale withdrawal or transfer of money or assets out of a country, often in response to economic or political instability.

Debt Rescheduling

The act of negotiating new terms for the repayment of existing debts, often involving an extension of payment terms and sometimes a reduction of the interest rate.

Economic Development

The process by which a country improves the economic, political, and social well-being of its people, often measured by increases in per capita income and standard of living.

Corruption

The abuse of entrusted power for private gain, often undermining democracy, ethical values, and justice and leading to various forms of criminal activity, discrimination, and mistrust.