Question: Loyal Engineers, Inc. needs a drill to continue its operations and orders one for $ 3 , 0 0 0 from Mining Supplies Company. Loyal

Loyal Engineers, Inc. needs a drill to continue its operations and orders one for $3,000 from Mining Supplies Company. Loyal tells Mining that it must receive the drill by Tuesday or it will lose $10,000. Mining ships the drill late and except for the late delivery the drill conforms to the contract. Loyal can recover
Loyal Engineers, Inc. needs a drill to continue its operations and

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