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Wonder Widgets Agrees to Sell Bill Buyer 10,000 of Its

question 38

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Wonder Widgets agrees to sell Bill Buyer 10,000 of its "Grade A" widgets at a price of $3.00 per widget.After Wonder breaches the contract by failing to deliver,Bill buys substitute widgets at a price of $3.20 per widget.For this purchase,Bill incurs $200 in reasonable expenses and saves $100 in shipping expenses.Bill then sues Wonder for $2,200.What,if anything,can Bill actually recover?


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Evaluated

The process of assessing or examining something to determine its value, quality, importance, extent, or condition.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.

Recent Information

Newly acquired or up-to-date data or facts.

Ethics Check

The process or criteria used to ensure decisions and actions within an organization comply with moral and professional standards.

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