The failure to act or perform in the manner called for by a contract is a:
A) waiver
B) breach.
C) forbearance.
D) reservation of right.
B
You might also like to view...
Variable costing is utilized to evaluate the performance of
A) investment centers. B) revenue centers. C) cost centers. D) profit centers.
Slack time in a network is the
A) amount of time that an activity would take assuming very unfavorable conditions. B) shortest amount of time that could be required to complete the activity. C) amount of time that you would expect it would take to complete the activity. D) difference between the expected completion time of the project using pessimistic times and the expected completion time of the project using optimistic times. E) amount of time that an activity can be delayed without delaying the entire project.
As part of a larger problem, you are trying to determine whether or not to open a plant with a capacity of 10,000 units (using binary variable Y). You also define X as the number of units (if any) produced at that plant
How will you ensure that Y will equal 1 if the plant is open? A) Y ? X B) Y ? X C) X + Y ? 2 D) X = 10000Y E) X ? 10000Y
Which of the following statements about the additional coverage for damage to property of others in Section II of the homeowners policy is true?
A) The maximum amount of coverage is $25,000 per occurrence. B) Payments are made on the basis of the replacement cost of the damaged property. C) There is coverage for property damage arising out of a business engaged in on a full-time basis by an insured. D) There is coverage for intentional property damage by any insured who is a teenager.