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Ramblin' Country Stables Contracts to Buy 1,000 Horseshoes from Blacksmith,Inc

question 33

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Ramblin' Country Stables contracts to buy 1,000 horseshoes from Blacksmith,Inc.,for $1 per shoe.When the market price decreases to 50 cents per shoe,Ramblin' refuses to go through with the deal.Blacksmith can recover


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