A court is not likely to allow an exception to the preexisting duty rule even if extraordinary difficulties arise that were totally unforeseen at the time a contract was formed

Indicate whether the statement is true or false


F

Business

You might also like to view...

Which of the following is not included under the heading "Capital and reserves" for IFRS financial statements?

A) ?Accumulated net profits or losses B) ?Cumlulative currency translation adjustments C) ?Upward revaluations of land and buildings D) ?Allowance for uncollectible accounts

Business

Secondary data is data originated by the researcher for the specific purpose of addressing the research problem

Indicate whether the statement is true or false

Business

In a manual accounting information system, cash purchases are generally recorded in the ________.

A) sales journal B) cash receipts journal C) cash payments journal D) purchases journal

Business

Paul is a very driven person who believes his effort and attitude determines everything. Paul ______.

a. has a fear of failure b. has a growth mindset c. has a fixed mindset d. has a low tolerance for risk

Business