H2O Company Contracts to Sell Water Storage Systems to In-Flo

question 18

Multiple Choice

H2O Company contracts to sell water storage systems to In-Flo Irrigation, Inc. Before the goods are delivered, In-Flo indicates that it will not be able to pay. H2O can

• A) force the buyer to accept and pay for the goods.
• B) require the buyer to find another buyer for the goods.
• C) resell the goods and recover any damages from the buyer.
• D) reclaim the goods.

---

Definitions:

Lead Entrepreneur

The primary individual responsible for starting, organizing, and managing a new business venture.

Fully Diluted

Relating to the maximum possible number of shares of a company, including all warrants, options, and convertible securities.

Future Talent

Individuals who possess the potential skills and abilities that organizations look for to ensure growth and innovation in the future.

Incentives

Benefits, often in the form of financial rewards, designed to motivate individuals or groups to achieve certain objectives.