Anticipatory breach:

a. does not apply in case of service contracts
b. discharges the duties of the non-breaching party under the contract c. prohibits the contract from being reinstated
d. does not occur so long as the event is more than one year in the future e. all of the other choices


b

Business

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What happens to the accounting equation when the adjustment for depreciation expense for the accounting period is recorded?

A) Assets and stockholders' equity decrease B) Assets and stockholders' equity increase C) Assets and liabilities decrease D) Liabilities increase and stockholders' equity decreases

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One of the secondary levers for reducing pipeline inventory is to:

A) offer seasonal pricing plans. B) increase capacity cushions. C) accept only large orders. D) select more responsive suppliers.

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When a contract falls within the Statute of Frauds but is not in writing, the contract is A) illegal

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