Answered: Choose the right answer. 9. (Sale of…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Choose the right answer. 9. (Sale of Goods) Nizam owns an Italian restaurant. He has experienced a few problems with recent deliveries from his suppliers. He orders 500 tins of Italian tomatoes but the supplier delivers 400 tins of Italian tomatoes and 100 tins Greek tomatoes. What can he do? a. He has to accept and pay for all 500 tins of tomatoes b. He can accept 400 tins of Italian tomatoes but he has to pay for 500 tins of tomatoes c. He can reject everything but he has to pay for 500 tins of tomatoes d. He can accept 400 tins of Italian tomatoes and pay for 400 tins of Italian tomatoes only 10. (Sale of Goods) A and B were partners. B sold goods from the partnership without A's knowledge and without authority. C in good faith bought that goods. Is title in the goods pass to C? a. Yes b. No c. Maybe 11. (The law of Agency) Ali was asked by his principal, B, to purchase 1000kg of sugar at the price RM1.50 per kg. He purchased 2000kg of sugar at the offered price of RM1.10kg since he believes that this will benefit his principal? Is Ali still B's agent? a. Yes, if his action benefit his principal b. Yes, if the principal ratify his action c. Yes, if he paid for the extra cost incurred d. Yes, if the supplier allows payment by installments

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