Claud and felix are both sophisticated merchants who deal in diamonds.
claud contracted to purchase a diamond for $20,000. the day after the purchase, claud took the diamond to a jeweler's show but the highest offer for the diamond was only $10,000.

is claud's contract for purchase of the diamond for $20,000 unconscionable?

Lester's fried chick'n purchased its building 11 years ago at a cost of $189,000. the building is currently valued at $209,000. the firm has other fixed assets that cost $56,000 and are currently valued at $32,000. to date, the firm has recorded a total of $49,000 in depreciation on the various assets it currently owns. current liabilities are $36,600 and net working capital is $18,400. what is the total book value of the firm's assets? $251,000 $241,000 $232,600 $214,400 $379,000