Bond purchased a painting from wool, who is not in the business of selling art. wool tendered delivery of the painting after receiving payment in full from bond. bond informed wool that bond would be unable to take possession of the painting until later that day. thieves stole the painting before bond returned. the risk of loss
a. passed to bond on wool's tender of delivery.
b. passed to bond at the time the contract was formed and payment was made.
c. remained with wool because the parties agreed on a later time of delivery.
d. remained with wool because bond had not yet received the painting.

Jing-sheng facilitated a hiring committee for his advertising company. six employees (including two managers) met together to discuss applicants and select the finalists for a copywriter position in the public relations department. although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. in setting up this type of hiring process, the head of public relations was utilizing a(n) style of leadership. a. autocraticb. free-reinc. contingentd. participative

Gwen, a manager at exude apparels inc., received a message from a customer requesting a replacement for a purchased pair of shoes. exude apparels has a clearly stated no-return policy. gwen responded to the customer denying the request in a tactful and clear manner. despite this, the customer submitted a second request. in this scenario, which of the following is an appropriate response to the second request?

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise