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Suppose a buyer refuses to go ahead with contract during the process of manufacturing of goods. In that case, the seller should pick a remedy that:Multiple choice question.maximizes the seller's loss.the buyer refuses.minimizes the seller's loss.the buyer manipulates.

Question

Suppose a buyer refuses to go ahead with contract during the process of manufacturing of goods. In that case, the seller should pick a remedy that:Multiple choice question.maximizes the seller's loss.the buyer refuses.minimizes the seller's loss.the buyer manipulates.

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Solution

The seller should pick a remedy that minimizes the seller's loss.

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