Refined cereal grains, inc., agrees to sell to sunny breakfast cereal company a certain quantity of refined oats each week but no mention is made of where the goods are to be delivered. in general, the ucc requires that the delivery take place . refined cereal’s place of business. b. sunny’s place of business. c. a neutral place of business halfway between the parties’ locations. d. a “reasonable” place of delivery.

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An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?

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