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.

B

Business

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According to innovation expert Clayton Christensen, markets that don't exist can't be analyzed since companies embrace agnostic marketing

Indicate whether the statement is true or false

Business

In the terminology of the strategic intent framework for competitive advantage, a firm that establishes advantages in a number of different areas has:

A) attribute diversity. B) marketing breadth. C) comparative advantage. D) layers of advantage. E) a "double diamond."

Business