Refined Commodities,Inc

question 32

Multiple Choice

Refined Commodities,Inc.,agrees to deliver ten tons of sheet metal to Select Builders Corporation.The agreement states that delivery is to be within "3" days,although the parties intend "30" days.Refined cannot convince Select to amend the contract.Refined should seek

• A)damages.
• B)reformation.
• C)rescission.
• D)specific performance.

---

Definitions:

Level of Inventory

The quantity of goods, materials, and products held in stock by a business at a specific point in time.

Disposable Income

Post-income tax financial means available to households for saving and spending.

Control

in the context of management and business, refers to the process of regulating activities and verifying that everything is proceeding according to plan, to ensure the achievement of goals.

Disposable Income

Earnings left after subtracting taxes and social security contributions, which can be either saved or spent according to one's preferences.