James hires Franco for a painting job. Their contract explicitly states that Franco's employment can be terminated if he is employed by another party during the contract period
Two weeks into the job, James finds out that Franco is also working for a painting agency two blocks away and terminates his employment. This is an instance of ________.
A) condition precedent
B) condition subsequent
C) concurrent condition
D) implied condition
B
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Neither the amount of detail nor the format of a management accounting report is affected by those to whom the report is sent
Indicate whether the statement is true or false
Business products tend to be sold direct to customers because
A. business markets have more transactions. B. the orders are small in size. C. customers are usually widely dispersed across geographic areas. D. e-commerce systems can efficiently handle orders once relationships are established. E. these products always use direct distribution.
What is the name of the risk that a financial institution may not deliver the currency on one side of a completed currency transaction?
A) dealer risk B) market risk C) Herstatt risk D) exchange rate risk
Family Time Restaurant has a contract with Prime Meats for Prime to deliver 100 pounds of ground sirloin twice a week for the next three months. If, on one delivery, Prime brings 95 pounds of ground chuck instead of 100 pounds of ground sirloin,
A. Family Time may unquestionably reject the non-conforming goods because they vary in both quantity and quality. B. Family Time may reject the non-conforming installment only if it substantially impairs the value of that installment and cannot be cured. C. Prime has no right to cure. D. the perfect tender rule applies.