Aseller contracted to manufacture 1,000 toasters for a buyer for a specified price. the contract contained a provision that clearly stated: “this contract may not be assigned, and any violation of this prohibition voids the contract.” after the contract was signed, the seller informed the buyer that the toasters would be manufactured by a competitor of the seller. citing the non-assignment provision, the buyer claimed that it was no longer bound by the contract. toasters manufactured by the competitor were of equal quality to toasters manufactured by the seller. is the buyer bound by the contract?
a no, because "this contract may not be assigned" means that duties may not be delegated, and the seller delegated a duty.
b no, because the seller assigned a right despite the contractual prohibition.
c yes, because even though the seller breached the contract, there are no damages since the competitor's toasters are of equal quality to the seller's toasters.
d yes, because the non-assignment provision is not enforceable since public policy favors free assignment and delegation.

Actual usage for the year by the marketing department was 70,000 copies and by the operations department was 330,000 copies. if a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the operations department?

Shrieves casting company is considering adding a new line to its product mix, and the capital budgeting analysis is being conducted by sidney johnson, a recently graduated mba. the production line would be set up in unused space in the main plant. the machinery’s invoice price would be approximately $200,000, another $10,000 in shipping charges would be required, and it would cost an additional $30,000 to install the equipment. the machinery has an economic life of 4 years, and shrieves has obtained a special tax ruling that places the equipment in the macrs 3-year class. the machinery is expected to have a salvage value of $25,000 after 4 years of use. the new line would generate incremental sales of 1,250 units per year for 4 years at an incremental cost of $100 per unit in the first year, excluding depreciation. each unit can be sold for $200 in the first year. the sales price and cost are both expected to increase by 3% per year due to inflation. further, to handle the new line, the firm’s net working capital would have to increase by an amount equal to 12% of sales revenues. the firm’s tax rate is 40%, and its overall weighted average cost of capital, which is the risk-adjusted cost of capital for an average project (r), is 10%. define “incremental cash flow.” (1) should you subtract interest expense or dividends when calculating project cash flow?

Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors