Which of the following is true of covenants and conditions?
A) A covenant is a conditional promise to perform.
B) A conditional promise becomes a covenant if the condition is met.
C) A contract cannot contain conditions to excuse performance.
D) A party cannot sue over breach of a covenant by the other party.
B
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Apply the three steps of the innovation process to the example of Free Rice founded by computer programmer John Breen, as stated in the textbook.
What will be an ideal response?
The purpose of maintaining a raw materials inventory is to integrate the purchasing and
production functions. Indicate whether the statement is true or false
Maria Kingsley is a fortune teller. She is concerned because today two of her clients missed their appointments to have her read their Tarot cards and she had plans for the money she would have earned. With which characteristic of services is Kingsley most concerned?
Fill in the blank(s) with the appropriate word(s).
An intermediary who sells to other intermediaries, usually to retailers in consumer markets, is referred to as a(n) ________.
A. distributor B. wholesaler C. broker D. agent E. retailer