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Cary Swenson is considering investing $30,000 in a project with the following cash revenues and expenses:
-Refer to the Figure.What is the average income for the project?
Conforming Goods
Products that meet the specifications and requirements set forth in a contract of sale.
Obligated
Being legally or morally bound to do something.
Perfect Tender Rule
A legal principle requiring sellers to deliver goods that exactly meet the terms and specifications of the contract.
Performance
The act of fulfilling a duty, contract, or obligation as required or agreed.
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