Which of the Following Is Correct with Respect to Consequential

question 7

Multiple Choice

Which of the following is correct with respect to consequential damages under the Code?

• A) Consequential damages include damages for lost profits from a contract to resell goods which the seller never delivers.
• B) 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.
• C) Consequential damages include damages for destruction of a warehouse caused by the explosion of nonconforming goods.
• D) All of these are correct.

---

Definitions:

Random Sample

A random sample is a subset of a statistical population in which each member of the subset has an equal probability of being chosen.

Average Amount

The sum of values divided by the number of values, commonly known as the mean.

Alternative Hypothesis

The alternative hypothesis is a statement in statistics that contradicts the null hypothesis and indicates that there is a significant difference between specified populations.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect in a given experiment or study, serving as a starting point for testing.