The ________ provides that federal law takes precedence over state or local law
A) preemption doctrine
B) executive branch
C) Due Process Clause
D) Free Exercise Clause
A
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NICO Corporation had net current assets of $2,000,000 at the end of 2015 and $1,800,000 at the end of 2014. In addition, NICO had net spontaneous current liabilities of $1,000,000 in 2015 and $1,500,000 in 2014
Using this information, NICO's net current asset investment for 2014 was ________. A) $700,000 B) -$300,000 C) $300,000 D) -$700,000
Which of the following statements is NOT TRUE regarding the buyer's right to cover?
A) The buyer must cover. B) The measure of damages in a cover is the difference between the cover price and the contract price. C) Cover must be done by reasonably obtaining substitute goods. D) Consequential damages can be recovered in addition to the cover damages.