Which of the Following Is True of a Seller's Right

question 68

Multiple Choice

Which of the following is true of a seller's right to dispose of goods from a breach of contract?

• A) Any profit made on the resale or release of the goods has to be shared with the original buyer.
• B) Incidental charges can be recovered from the original buyer.
• C) The seller cannot resell the goods unless the original buyer agrees to it.
• D) The buyer can only dispose of goods that have already been delivered.

---

Definitions:

Cash Inflows

Refers to the money received by a business from its various sources, such as sales revenue, investment income, and financing.

Straight-Line Method

A depreciation method that allocates the cost of an asset evenly over its useful life.

Incremental Net Operating Income

The difference in net operating income between two alternatives.

Depreciated

Refers to the decrease in the value of an asset over time due to wear and tear or obsolescence.