Which of the following entities is present in a zero-level marketing channel?

Carl had a contract to deliver 600 yards of carpeting to Renovator for installation in an office complex. Three days before the delivery date, Carl called to say that he would not be able to deliver the carpeting "any time in the near future." What are Restorer's rights upon receiving this notice from Carl?

a. Restorer may wait to see if Carl does in fact deliver the carpet by the contract date. b. Restorer may treat the contract as breached as of the day he got the notice. c. Restorer can cover by buying carpeting from another supplier. d. Restorer can sue Carl for damages e. Restorer may exercise any or all of the rights above

The time necessary for a deposited check to clear through the commercial banking system causes

which of the following types of floats? A) transit B) disbursing C) mail D) processing