Alpha Engineers, Inc. needs a drill to continue its operations and orders one from Mining Supplies Company for a cost of $1,500. Alpha tells the supplier that it must receive the drill by Tuesday or it will lose $5,000 (the profit for a job they have scheduled on Tuesday). The supplier agrees to have the drill to Alpha Engineers by Monday. Mining Supplies ships the drill late and it does not arrive by Tuesday. Alpha sues for breach of contract. Alpha can recover:

a) nothing because breach of contract damage awards are limited to compensatory damages only.

b) $5,000, because this amount was foreseeable as a direct result of the breach of contract, consequential damages.

c) $1,500, because they should not have to pay for the drill due to the breach.

d) None of the above.

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)