General Electric's Trading Process Network primarily handles transactions between _______________.
a) individual customers
b) companies and individual customers
c) companies and their shipping firms
d) companies and their distributors
e) companies and their suppliers
e) companies and their suppliers
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Joe Kunz agrees to buy a computer from Alf Singer for $3,000, by paying six installments of $500 each. Joe gave Alf $500 as a down payment but then backs out of the deal. Alf's loss of profit will be $1,500
Which of the following statements is TRUE? A) Joe is entitled to get the $500 back. B) Alf is entitled to keep the $500and sue for the balance of the lost profit. C) Alf is entitled to keep the $500, but cannot sue for the balance. D) Under no circumstances can Joe ever get the down payment back. E) Alf is entitled to keep the $500 and sue for all of his lost profit.