The Code Permits the Seller to Recover the Price Plus

question 47

Multiple Choice

The Code permits the seller to recover the price plus incidental damages in which of the following situation(s) ?

• A) Where the buyer has accepted the goods.
• B) Where conforming goods have been lost or damaged before risk of loss has passed to the buyer.
• C) Where the goods have not been identified to the contract.
• D) When the goods are fungible.

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Definitions:

Return on Equity (ROE)

A measure of financial performance calculated by dividing net income by shareholders' equity, reflecting the profitability relative to the equity.

Return on Assets (ROA)

A financial ratio indicating how profitable a company is relative to its total assets, calculated as net income divided by total assets.

Discounted Payback

The period of time it takes for the cash flows from an investment to equal the initial cost of the investment, accounting for the time value of money.

Rate of Return

The improvement or reduction in the value of an investment within a specified interval, articulated as a percentage of the investment’s first cost.