According to the Smith V.Penbridge Associates,Inc.case,future Profits

question 41

Multiple Choice

According to the Smith v.Penbridge Associates,Inc.case,future profits:

• A)may never be included in consequential damages as they are too speculative..
• B)may not be awarded as the UCC Section 2-715 prohibits them.
• C)may be awarded under UCC Section 2-715 (2) even though they cannot be calculated with accuracy.
• D)are always awarded as incidental damages.

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Definitions:

Buying Centers

Groups within an organization that make purchasing decisions, comprising individuals with different roles such as users, influencers, deciders, approvers, and gatekeepers.

Repossession Services

Businesses that specialize in reclaiming property on behalf of creditors when borrowers default on their loans.

Buying Process

The series of steps a consumer goes through before purchasing a product or service, from recognizing a need to making the purchase decision.

Buying Center

A group of individuals within an organization who are involved in the process of evaluating and making purchase decisions.