If the performance of a contract that was legal when formed becomes illegal because of a subsequently enacted law, the duty of performance is discharged

a. True
b. False
Indicate whether the statement is true or false


True

Business

You might also like to view...

Which of the following refers to change along the technology innovation curve that allows for the development of products that are less expensive, smaller, and often easier to use?

A) discontinuous innovation B) disruptive innovation C) continuous innovation D) end-user innovation E) radical innovation

Business

The schema we use to label someone as “lazy” versus “a go-getter” or “nice” versus “mean” is called interpersonal ______.

a. stereotypes b. prototypes c. constructs d. scripts

Business

An objective of the budgeting process is to communicate a single, unified, comprehensive plan for the business

Indicate whether the statement is true or false

Business

Tony, a Canadian, had never worked in this foreign country before his current assignment. He had been working in the country now for four weeks and was generally happy and engaged. While Tony liked his job and new colleagues he could not get used to the fact that they showed no respect for time. They would show up late for meetings and did not seem to care. Tony is most likely working in ________________.

(a) Germany (b) Mexico (c) The UK (d) The U.S.

Business